Blog entries tagged with "changes in lending rules":


changes in lending rules: Mortgage Mess Hits the Stock Market - 08/03/07 05:16 PM
Today, American Home Mortgage closed its doors and released 7000 employees. They are out of business.
We will see more fall out, especially as many hedge funds lent money to lenders to underwrite these mortgages.
We have buyers who got loans in the past few years with 100% NO MONEY DOWN as the … (7 comments)

 
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