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Monday, April 20, 2015

The return of previously unqualified buyers

http://economistsoutlook.blogs.realtor.org/files/2015/04/RB041715G.png

Between 2015 and 2023, an additional 1.63 million former distressed owners will become both program eligible and credit quality eligible, while 140,000 will face headwinds due to their low credit quality, roughly half of whom will not qualify in a normalized underwriting environment.