Tag Archives: Mortgage Guidelines

Bank Mortgage Lending Policies Appear To be Easing

2010/08/24 Mortgage Guidelines No comments
The tightening in mortgage-lending policies that characterized the last 3 years appears to be slowing. According to the Federal Reserve’s quarterly survey of senior bank loan officers, r......

Mortgage Approvals Are Getting More And More Scarce

2010/02/09 Mortgage Guidelines No comments
The economy’s improving but lending standards are not. Nationally, banks are making mortgage approvals harder to come by. Underwriting guidelines are tightening. The data comes from the......

Spring 2010 FHA Guidelines Make Borrowing Tougher And More Expensive

2010/01/21 FHA Mortgages No comments
Securing an FHA mortgage in IL is about to get more expensive. In a statement issued Wednesday, the Federal Housing Authority outlined policy changes to its mortgage assistance program. The sh......

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