Credit tightness index.

Position:Brief article - Statistical table
 
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(September 2011-September 2013) MBA/AllRegs[R] Mortgage Credit Availability Index (MCAI) (Non-seasonally adjusted, 3/31/12 = 100) Sep-30-2011 111.19 Mar-31-2012 100.00 Sep-30-2012 103.92 Mar-31-2013 108.01 Sep-30-2013 110.70 NOTE: Credit availability tightened in September as more lenders removed program offerings with loan terms greater than 3 years and/or interest-only features, similar to the trend observed in August. This may reflect lenders implementation of the ability-to-repay/Qualified Mortgage regulation, which comes fully into...

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