Easing lending standards bring back first-time buyers by DeVore Design , October 19, 2015 Easing mortgage standards are allowing first-time homebuyers to finally jump into the housing market after a rough start to the year held a lot of them back.
Senate Bank Chair weighs sweeping GSE, mortgage lending overhaul US house passes bill to overhaul mortgage finance. contentious issues in the GSE debate. federal reserve chairman alan greenspan has argued the portfolios pose a risk to the financial system by.
In the view of some critics, the weakened lending standards of CRA and other affordable housing programs, coupled with the Federal Reserve’s low interest-rate policies after 2001, was a major cause of the financial crisis of 2007/08.
Subprime gets bad rap in Big Short’ but is key to easing housing affordability crisis. doesn’t do is further tarnish the image of subprime lending.. to bring back subprime.