Since refinancing has come to an abrupt halt, first-mortgage lenders are turning increasingly to "B" and C" lending as areas of potential growth.

But lending to those with "less-than-perfect" credit histories is a crowded, competitive niche. As many as 22 companies want the business, with more likely to join in - stiff competition has prompted some lenders to ease their underwriting standards.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.