lending: Easier Credit: Finally Happening? - 04/14/14 07:12 AM
For years the slow recovery was hampered by the existence of tighter credit. A vicious cycle was created when the recession caused consumer credit to worsen and at the same time banks tightened up on lending standards. For some time we have been predicting that lending standards in the real estate sector would not loosen up until two factors emerged. Factor one was the stability or recovery of real estate values. It makes sense that lenders would be shy about lending in a real estate sector in which the underlying asset was unstable.
Yet, the real estate markets recovered over the … (0 comments)

 
Kevin Warren (Veterans United Home Loans NMLS #1907)

Kevin Warren

Virginia Beach, VA

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Veterans United Home Loans NMLS #1907

Address: 564 Lynnhaven Pkwy, #200, Virginia Beach, VA, 23452

Mobile: (757) 237-4920

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