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Loan Modification

: Loan Modification & Home Loan News

MORTGAGES: Credit crunch

By Moe Bedard

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(Source: Money Marketing) – The reliance of lenders on automatic credit-scoring systems is adding to the woes of those looking to purchase their first property, says Paul Thomas First-time buyers are being punished by lenders’ credit-scoring criteria, leaving them unable to obtain a mortgage and preventing them from getting on the housing ladder, according to [...]

Full post as published by Loan Modification & Home Loan News on January 21, 2011 (boomark / email).

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