[MichaelP]

This has been my experience as well for the most part. My approval rate is down like 25%. Deals that would have gotten a pretty nice A- or B paper approval last year are getting small high risk deals or nothing right now. I imagine it's due to uncertainty in the economy, rates and an increased number of defaults, so I'm not sure that I would be acting any differently if it was my money, but I sure would like things to go back to normal.

[taylormadefunds]

This has been my experience as well for the most part. My approval rate is down like 25%. Deals that would have gotten a pretty nice A- or B paper approval last year are getting small high risk deals or nothing right now. I imagine it's due to uncertainty in the economy, rates and an increased number of defaults, so I'm not sure that I would be acting any differently if it was my money, but I sure would like things to go back to normal.

100% a lot of funders holding back and last years A paper merchants are this years B-C clients (industry/tight Uw guidelines) IF they are still in business....