Frank Nothaft

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Last quote by Frank Nothaft

Refinance volume will decline with higher mortgage rates, and lenders generally will respond by applying the flexibility in underwriting guidelines to make loans to harder-to-qualify borrowers. As this occurs, we should observe our index signaling a gradual increase in default risk.
Mar 22 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Frank Nothaft is associated, including November, wealth, and home. Most recently, Frank Nothaft has been quoted saying: “Refinance volume will decline with higher mortgage rates, and lenders generally will respond by applying the flexibility in underwriting guidelines to make loans to harder-to-qualify borrowers. As this occurs, we should observe our index signaling a gradual increase in default risk.” in the article Mortgage applications fall 2.7%, as borrowers turn to riskier loans.
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Quotes by Frank Nothaft

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