Quote:
Originally Posted by Ghoulish Delight
Again, I agree that that needs to be avoided. But Morigoon is talking about people having a harder time now, which to me simply means they've stopped writing the blatantly bad loans for people who can't afford them.
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Yes, a lot of the questionable underwriting is flushing out of the system, but it is also true that solid borrowers are already finding it difficult (which generally just means more expensive) to get access to credit, in all kinds of areas not directly related to mortgages.