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Tag Archives: FICO score
Banks Continue to Tighten Mortgage Lending Standards
A dramatic increase in the demand for residential mortgage loans has led banks to tighten lending standards once again, according to a new report by the Federal Reserve. In light of the uptick in demand, some banks have further tightened their lending standards Continue reading
Posted in Housing Trends
Tagged bank, down payment, Federal Reserve, FICO score, home values, homeowner, housing prices, lender, lending practices, lending standards, mortgage, mortgage loan, refinance, Senior Loan Officer Opinion Survey, short sale
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John Anderson