September 27, 2017・Key Gold Headlines
Mortgage Lenders Loosening Credit Standards as Home Prices Spiral Upward
Remember back when mortgage lenders loosened credit standards making it easier to get a loan and blew up a giant housing bubble? That’s happening again. According to a report released by Fannie Mae, lenders facing lower profit margins are trying to expand the borrower pool. Facing constrained mortgage demand and a negative profit margin outlook, […]