Despite the improving economy, home loans even for well-qualified borrowers are still unnecessarily hard to get and take too long, real estate practitioners say. But lenders take a different view. In a roundtable with three of the country's largest lenders, home mortgage executives say they've ramped up capacity and are making loans quickly for qualified conventional borrowers and they expect to keep doing so even as they gear up for a host of new mortgage lending rules coming out of Washington in the next year.
Read more.... http://speakingofrealestate.blogs.realtor.org/2013/03/13/lenders-whats-holding-back-loans/
Posts
