I had a closing today on some rental property I was selling. After we had finished the paperwork we got talking to the closing attorney about business. Seems he has been very slow also. I asked him what he thought was the problem His answer kind of surprised me. He thinks the credit companies are being to tight with credit all of a sudden. I thought it was maybe prices etc. I wonder how long this will last. The mortgage companies can't grow earnings without making loans.
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