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Peace in the Neighborhood
The Pendulum Continues to Swing... for Approving Potential Homeowners A large reason for the implosion of the housing industry was the slack underwriting rules...or lack of rules. Most of us will agree it was way too easy to get a mortgage, many mortgages had very little chance of succesful repayment. And
Peaceintheneighborhood.com ~
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Peace in the Neighborhood
Penalizing Responsible Consumers The government is hampering the housing recovery by placing additional risk-retention requirements on the banks/lenders. The policy will prevent more employed middle-class citizens from becoming homeowners...they will be priced out of the market. Federal regulators want to put pressure on the banks/lenders with regards to their foreclosure procedures...it's
Theantonfamily.com ~
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