Charlotte readers who perused The Washington Post’s “Real Estate” section recently found a most encouraging piece of information—particularly if they were among many the younger and first-time home seekers who worry about qualifying for a home loan. And by the article’s finale, there was even one conclusion that sober-minded observers might decide had exceeded simple optimism… The headline article— Many lenders are loosening requirements for prospective home buyers—provided ample evidence of widespread easing of mortgage qualification criteria. Apparently, there is a common acknowledgment that many of the lending guidelines that followed the housing crisis were overly restrictive. Among the tweaks to … (0 comments)
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