SDR and sdr, are either of you able to track what percentage of pendings fall out of escrow? I keep hearing about lending standards tightening and people wanting to buy, signing a contract, and then not being able to finance through escrow (the lending terms changing with the buyer unable to come up with sufficient down payment or reserves – the mortgage brokers going bottom up – etc).
It used to be rare to fall out of escrow. Is that still the case?
