Naperville Mortgage Applicants May Find Welcome Rule Shift.
The financial press has been on it for a while: in September, Bloomberg News was pointing out that FHA mortgages to borrowers with weaker credit scores had plummeted 19% in the previous nine months. Something, you could sense, was about to give—but, per Bloomberg, “Washington regulators and major banks continue to haggle…”
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Enjoy!
Joe Graham
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