In 2010 the federal government enacted the banking reform bill developed to address the financial crisis and the number of homeowners who lost their homes due to too liberal lending practices. While additional regulations were needed, the result was that many of the resulting lending requirements were too strict and due to “risk retention” requirements […]
Posts Tagged ‘lender’
Posted by Denise Lones on October 30th, 2014
Posted by Denise Lones on August 15th, 2013
According to Goldman Sachs, more than half the homes sold last year and half of all the homes sold in 2013 were purchased without a mortgage. Click here to read the whole article!