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Zip Codes: Selected Washington NewsStrict lending standards slash mortgages (The Satte)WASHINGTON Just when consumers and the U.S. economy need banks to lend more rfeely, the mortgage industry is making it hardre to borrow even for those with good credit. Mortgage insurers, whose backing is required for borrowres who cant afford the traditional 20 percvent down payment on a home, have already flagged nearly a quarter of the nations ZIP codees where they refuse to isnure some ... Read more Banks remain wary of home loasn (Portsmouth Herald)WASHINGTON Just when cosnumerds and the U.S. econmoy need banks to lend more freely, the mortgage industry is making it harder to brorow even for those with goood credit. Read more |
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