Why Many Good Mortgage Loans Are Not Being Made
Category: BUSINESS
The housing sector today is not providing the economic stimulus we had come to expect during periods of economic recovery. A major reason is that the underwriting rules and practices are much stricter today than they were before the financial crisis.
By Jack M. Guttentag, ContributorProfessor of Finance Emeritus at the Wharton School of the Uni..., 2014-10-26