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Mortgage News Roundup: December 12, 2014

December 12, 2014 Assembled for you every week, here are the top 4 mortgage-related industry stories for December 12, 2014.

At First Option, we believe each person who walks into our branches deserves to know everything about the mortgage process before they start it. “An educated consumer is the best client,” said the New York clothing store Syms. We agree, which is why we often use this blog to relay the latest industry news. Mortgage rules and real […]

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Federal Support Of The Housing Market Likely To Continue Through 2013

February 22, 2013

President Barack Obama voiced his concern that mortgage-lending standards have recently become overcorrected, holding back the housing market due to over regulation. During the economy’s upswing, lenders granted credit too liberally, and common-sense practices such as verifying income or credit history often went by the wayside, eventually leading to the worst economic crisis since The Great Depression. […]

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