Mortgage Approvals : Documents You’ll Need For Your Lender
According to the Federal Reserve’s quarterly Senior Loan Officer Survey, it’s getting easier to get approved for a home loan. Continue reading
Tag Archives: Senior Loan Officer Survey
Mortgage Standards Stop Tightening; Lending Soon To Loosen?
As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards. Continue reading
Banks Resume Tightening Mortgage Guidelines
After a 2-year easing cycle, the nation’s biggest banks report that they’ve reversed course, and are raising the bar on mortgage approvals. Continue reading
After A Pause, Mortgage Guidelines Resume Tightening
Mortgage guidelines appear to be tightening with the nation’s largest banks. Continue reading
Fed Survey : Mortgage Guidelines Tighten Further, Freeze Out Would-Be Refinancers
For the period July-September 2010, 52 of 54 responding loan officers admitted to tightening their prime guidelines, or leaving them “basically unchanged”. Continue reading