Posted by jba/fl on 7/16/07 10:29am
Msg #200060
Mortgage industry woes
http://realestate.msn.com/Buying/Article
Accessed from www.msn.com this am to see a lot of tightening of rules to get mtg (and one would assume, by extension, for refi's as well) says in part:
With the collapse of the subprime market, mortgage loans are becoming harder to get. You'll need a higher credit score and a bigger down payment, and you'll wait longer.
By Alison Go, U.S. News & World Report
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