![]() ![]() I am anticipating a huge response to this news and I am ready to help potential home buyers obtain the loan they need." - Mr. I'm happy to see that access to low interest rate mortgages is going to be easier. Unfortunately, due to tight lending restrictions, some were denied. "For many years I have tried to help individuals and couples with low credit scores obtain a mortgage. Now the government is taking steps that it says will allow more first-time buyers and lower- and middle-income Americans to get home loans at low rates." The article states, "For years, politicians, housing advocates and potential home buyers have complained that tight credit policies after the housing market crash have kept too many deserving people from qualifying for mortgages. ![]() The New York Times published an article on the same topic on Octoentitled Federal Housing Finance Agency Unveils Plan to Loosen Rules on Mortgages. The article states, "It would mark a key loosening of lending standards for the mortgage giants and banks in the aftermath of the financial crisis of 2008, when credit requirements were much more restrictive." ![]() Reports of this news appeared via several media sources, including USA Today on Octoin an article entitled Reports: 2 Mortgage Giants Plan to Ease Lending. Ruedy, also known as The Home Loan Arranger, is encouraged by recent news that Fannie Mae, Freddie Mac and other private mortgage lenders may begin lowering restrictions on potential mortgage borrowers that have poor credit. Denver, Colorado (PRWEB) Octo- Denver Mortgage Banker Mr. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |