According to the Federal Reserve’s quarterly survey of senior bank loan officers, roughly 1 in 10 lenders added mortgage qualification hurdles between April and June. It’s a huge departure from just 2 years ago when the mortgage industry was facing its first wave of challenges.
All posts tagged Federal Reserve,Mortgage Guidelines
Bank Mortgage Lending Policies Appear To be Easing
Posted by Gayle Blonar on August 24, 2010
http://gayleblonarblog.com/2010/08/mortgage-guidelines-flat-q2.html