Changes are being made by Radian Guaranty Inc. to its guidelines for borrowers who have high debt-to-income ratios. The action follows a similar move by another competitor.

The Philadelphia-based mortgage insurance company said it has been actively monitoring commitments on home loans where the DTI ratio exceeds 45 percent.

More specifically, Radian has been monitoring such transactions when they involve the higher DTI ratio as well as additional layers of credit.

Source: Mortgage Daily