/biz/ - Business & Finance

Anonymous Sat Apr 11 22:36:39 2020 No.18416030 [View]
File: 252 KB, 1242x2208, 1586656069259.png [View same] [iqdb] [saucenao] [google]

JP Morgan Chase just increased their requirements for a loan.
Previously, you only needed 3% down, now you need 20%. Also, you could get away with a credit score of 620. They just raised the requirement to 700. With less buyers qualifying, the decline of housing prices will be further amplified.

>>	Anonymous Sat Apr 11 21:47:49 2020 No.18415546 [View] File: 252 KB, 1242x2208, 109C49A9-CE87-4BC3-9C6C-D6F326F78D08.png [View same] [iqdb] [saucenao] [google] Holy shit. This really is financial crisis pt 2. JP Morgan is saying all their past mortgages are at high risk.

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/biz/ - Business & Finance

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