Credit tightness index (August 2014-August 2016).

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MBA/AllRegs[R] Mortgage Credit Availability Index (MCAI) Non-seasonally adjusted; March 31, 2012 = 100) Aug-31-2014 130.5 Feb-28-2015 136.6 Aug 31-2015 163.0 Feb-29-2016 164.0 Aug 31-2016 164.7 NOTE: The MCAI decreased 0,4 percent to 164.7 in August. 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 Conforming MCAI saw the greatest decrease in availability (down 0.9 percent) over the month, followed by the Government MCAI (down 0.5 percent) and the Conventional MCAI (down 0.2 percent). The Jumbo MCAI increased 0.5 percent from July. "Credit availability decreased slightly over the month, driven by one midsized investor closing their correspondent...

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