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[6 Feb 2011 | One Comment | 1,655 views]
Making credit available to home buyers

Over the past few months, lenders have come under some fire for allegedly strengthening credit requirements so much that qualified home buyers can’t get a loan.
That’s an interesting charge, seeing how the mortgage industry has a vested interest in making money available to qualified lenders. Are credit requirements stricter than were a few months ago? Certainly, and there’s a reason for that.
One of the things that made the housing market boom in the first six years of the 21st century was easily available credit. That all came on the heels …