20% of US consumers

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Feb 10, 2020 by Adena Hefets · across every show →

Everything said about 20% of US consumers, oldest first

Feb 10, 2020
Assertion Partly supported
Hefetz: Rising FICO requirements exclude 20% of U.S. consumers from mortgages
“We've gone from having a six 90 average FICO for mortgages up to about a seven 40 average FICO today. While this maybe doesn't seem like a tremendous jump, it actually cuts out about 20% of US consumers, so it had a pretty big impact.”
Adena Hefets Feb 10, 2020 ▶ 7:39 A Novel Path to Homeownership
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