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Despite realtor pleas, mortgage lending standards will continue to tighten

By golfplan18   Follow   Thu, 26 Jul 2012, 7:08am   569 views   7 comments
In Irvine CA 92620   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://ochousingnews.com/news/despite-realtor-pleas-mortgage-lending-standards-will-continue-to-tighten

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1. golfplan18 Follow Befriend (2) 537 threads 114 comments Irvine, CA

   1   7:10am Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike

2. Goran_K Follow Befriend (4) 26 threads 1,566 comments Laguna Beach, CA Premium

   2   7:11am Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   Good. Looser lending standards are not what we as a country need right now (or possibly ever again).

3. APOCALYPSEFUCK is Shostakovich Follow Befriend (28) 182 threads 4,606 comments Premium

   3   7:17am Thu 26 Jul 2012   Share   Quote   Permalink   Like (1)   Dislike   Protected   The headline should read . . . 'Continue to Return to Normal Underwriting Standards' Remember that? UNDERWRITING STANDARDS Say it slowly. It's a good thing.

4. Oil Can Follow Befriend 21 threads 131 comments Oil Can's website

   4   7:34am Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike   There is a new push (by idiot politicians) to lower the credit standard again. It hasn't even been 5 fives.

5. Goran_K Follow Befriend (4) 26 threads 1,566 comments Laguna Beach, CA Premium

   5   8:29am Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike   Protected   LPS’ data also revealed an estimated 3,602,000 properties are 30 or more days past due, while approximately 1,590,000 are 90 or more days past due. A total of 5,663,000 properties are 30 days or more overdue or in foreclosure, LPS reported. Surely doesn't look like this bust is quite over, yet.

6. bubblesitter Follow Befriend (5) 10 threads 2,329 comments

   6   2:19pm Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike   Oil Can says There is a new push (by idiot politicians) to lower the credit standard again. It hasn't even been 5 fives. Why not? They need dumb sheeple to keep their pensions and free health care for life flowing. They simply can't afford smart constituents.

7. TMAC54 Follow Befriend (9) 70 threads 930 comments San Leandro, CA

   7   8:40pm Thu 26 Jul 2012   Share   Quote   Permalink   Like   Dislike   Oil Can says There is a new push (by idiot politicians) to lower the credit standard again. It hasn't even been 5 fives. They will continue to tighten because the banks KNOW prices will deteriorate for years to come.