Tight credit standards prevented 5.2 million mortgages between 2009 and 2014

For borrowers with less-than-pristine credit, obtaining a mortgage remained difficult in 2014. We estimated last spring that 4 million more loans would have been made between 2009 and 2013 if credit standards had been similar to 2001’s reasonable levels. Using new 2014 data, we have now determined that an additional 1.2 million loans were missing in 2014, bringing the total to 5.2 million missing loans between 2009 and 2014.

Click Here to find out more (via Urban Institute)