Tag: DU 8.0
Further credit tightening coming in 5 weeks
Although the housing market seems to be stabilizing according to most measures (one could fairly argue that this is a near-term phenomenon subject to government stimulus) lenders continue to tighten underwriting guidelines making it harder for homebuyers to qualify for financing. Yesterday I blogged about tighter guidelines for FHA refinances and today I am reporting [...]
Posted: November 4th, 2009 under Mortgage Qualification.
Tags: DU 8.0, new underwriting rules, tighter credit environment, tighter underwriting guidelines
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