New York City renters were less at risk of default nationwide in the fourth quarter of 2012 than in the same quarter of 2011, according to CoreLogic’s Renter Applicant Risk Index, released today. The index evaluates credit quality and risk of default among renters applying for apartments in both single and multifamily buildings. A mark above 100 on the index indicates decreased risk, and a value below 100 indicates increased risk. According to the data, [more]
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