Credit tightness index.

PositionNEWS ROOM - Brief article

CREDIT TIGHTNESS INDEX (Sept. 2013-Sept. 2015) MBA/AIIRegs[R] Mortgage Credit Availability Index (MCAI) (Non-seasonally adjusted, 3/31/12 = 100) Sep-30-2013 110.7 Mar-31-2014 114.0 Sep-30-2014 116.1 Mar-31-2015 121.4 Sep-30-2015 126.5 NOTE: The MCA! increased 0.3 percent to 126.5 in September 2015. A decline in the MCAI indicates that lending standards are tightening, while increases are indicative of a loosening of credit. Of the four component indexes, the Conventional MCAI saw the greatest loosening (up 1.1 percent over the month), followed by the Conforming MCAI (up 0.8 percent). The Jumbo MCAI was un-hanged over the month and the Government MCAI decreased 0.2 percent). "Credit availability increased slightly in...

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