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Real Estate & Property Law

: Housing Wire

Banks Tighten Belts Further on Mortgages Amid Credit-Freeze

By KELLY CURRAN

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As the nation’s troubled economy incites fear and loathing among consumers and lenders alike, foreign and domestic banks further tightened access to mortgage credit over the past three months, the Federal Reserve reported Monday. The Fed’s senior loan-officer survey, sent out to 55 domestic banks and 21 foreign banks in early October, indicated that the large [...]

Full post as published by Housing Wire on November 04, 2008 (boomark / email).

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