Mortgage Lenders See Tighter Credit in Wake of New U.S. Rules

We’re finally getting the housing market going again and now new Federal Regulations may make it even harder for buyers to obtain a mortgage.

Mortgage bankers and Realtors are warning that it could become even harder for  borrowers to qualify for a home loan early next year as the industry faces a  barrage of new rules.

Read more: Mortgage Lenders See Tighter Credit in Wake of New U.S. Rules

We’ll have to wait and see what impact this has on our fragile housing recovery.

Source: San Francisco Chronicle 

About Tom Branch

Tom Branch has written 597 posts in this blog.


Have you ever just met someone, but felt you like you'd known him for years? That's what most people experience with Tom. He has a knack for making folks feel right at home. After 21 years in the Air Force, loyalty and honesty are the foundation of everything Tom does. In addition to being a Texas Real Estate Broker, Tom is a Certified Distressed Property Expert (CDPE) and a Short Sales & Foreclosure Resource (SFR).

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