HousingWire, December 11, 2023, 3 Steps Real Estate Agents Can Take To Make A Big Difference In Housing Affordability
“KeyBank made 19.2% of its home purchase loans for the year to low- and moderate-income (LMI) borrowers, down from 19.7% in 2021. This modest but significant one-year decline understates KeyBank’s longer-term performance for non-wealthy families seeking to buy a home to live in: In 2018 more than 38% of such KeyBank loans went to an LMI borrower. Both data points look even uglier when compared to other top lenders, who made more than 30% of their 2022 purchase mortgages to LMI borrowers …” (Source: NCRC.org)
