Thursday, October 31, 2013
Wednesday, October 30, 2013
Keeping Mortgages Accessible
By Gino Blefari, President & CEO, Intero Real Estate
Services, Inc.
Access to mortgages has been a hot-button issue ever since
the days of the housing boom. Back then, the issue essentially was loose
underwriting that swayed so far in one direction that we ended up with a slew
of borrowers who were in over their heads.
Then, as the housing recession set in and regulators started
coming down on lenders, we saw a reverse in the opposite direction. For many
months, lending became so tight that a lot of people no longer qualified to
borrow money for a home.
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