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A mortgage industry executive’s explanation of why banks won’t take a chance on some borrowers

A major stumbling block for potential borrowers, the MBA's chief executive David H. Stevens says, are "credit overlays."

August 14, 2014

The Washington Post’s Dina ElBoghdady talks with David Stevens, the former Federal Housing Administration commissioner, about why many potential buyers are getting shut out of the market.

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features

A mortgage industry executive’s explanation of why banks won’t take a chance on some borrowers

To Target Older Home Buyers and Sellers, Consider Their Emotions

While Lot Sizes Continue to Shrink, Data Show Their Value Is Growing

Rheem Donates $10K to Habitat for Humanity

A mortgage industry executive’s explanation of why banks won’t take a chance on some borrowers

To Target Older Home Buyers and Sellers, Consider Their Emotions

While Lot Sizes Continue to Shrink, Data Show Their Value Is Growing

Rheem Donates $10K to Habitat for Humanity

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