Monday, April 16, 2012

Lending standards still tightening

It has been clear in the last few years that lenders have gotten very picky when it comes to mortgage applications. Prior to the meltdown, information submitted on a supermarket bag and written in pencil probably would have worked for some lenders.
While such ideas may seem absurd, some lending practices were not far off. In [...]

Source: http://feedproxy.google.com/~r/hsh/~3/0au4bJqVNUg/

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