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Loan Modification

: Mortgage Lender Implode-o-Meter

Mortgage Approvals Fell in June as Lending Tightened, Confidence Dwindled

By Implode-Explode Heavy Industries

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"?Demand continued to be constrained by the restrictions on mortgage finance,? the Bank of England said in a statement. ?Looking forward, the major U.K. lenders expect demand for secured lending to be flat over the rest of the year, partly reflecting weak confidence among potential homebuyers.?"

Full post as published by Mortgage Lender Implode-o-Meter on July 20, 2010 (boomark / email).

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