From RealTrends.com: Here’s why new mortgages are so hard to come by.
The government-sponsored enterprise Fannie Mae posted another great blog post this morning.
Senior manager of economic and strategic research, Li-Ning Huang proffers something most of us in the mortgage financier business felt for some time; new regulations are deeply impacting mortgage lending.
The Consumer Financial Protection Bureau is not alone in passing new rules, as we all know. The Federal Reserve and the Federal Deposit Insurance Corp. also have new rules, for example.