Significats de worthy borrowers en anglès

The more likely risk is that banks are overly cautious with lending to credit- worthy borrowers, Bascand said.

The real issue is that there are too many houses for the supply of credit worthy borrowers.

For less credit- worthy borrowers, rates of 7 to 10 percent are common, brokers said.

But that policy is also weighing on bank profits and pushing lenders to compete more fiercely for worthy borrowers.

In any event, they have struggled to find enough credit worthy borrowers willing and able to take on more debt.

Some critics of the bureau have said lenders might only issue loans that fit this definition, preventing some worthy borrowers from getting a mortgage.

Since problems surfaced in August with rising failure rates on subprime mortgage loans to less credit- worthy borrowers, credit markets have come near seizure several times.

Dimon says JPMorgan, the third largest U.S. mortgage lender, supports reworking mortgages for worthy borrowers, but so far the bank has completed only 285,000 modifications.