Lenders Overreaction Cripples Economy

Banks and Home lenders' 180 degree turn from easy money, now cripples our economy. One third of potential buyers will never qualify for a new loan because of bad credit. Increased standards for qualifying make things even worse. Increased government regulation also adds to the problems. Couple these overreactions with how many homes are upside down and the move by banks to ramp up foreclosures and a further drop in home prices and a probable downward spiraling cycle becomes likely. http://homeloanarticles.com/

The Housing Boom and Bust

The Housing Boom and Bust