Home mortgage standards getting tougher in Wisconsin (Wisconsin State Journal)

Story date: 2008-03-22 10:46:33
Added on: 2008-03-22 23:00:18

Mounting foreclosures and the subprime mortgage crisis have contributed to a national credit crunch, making it more difficult for borrowers to qualify for a mortgage loan. Standards for home mortgages also are getting tougher in Wisconsin, especially for loans that banks pass on to national mortgage wholesalers. Recent changes in Wisconsin lending standards include: The minimum FICO credit score ...


Read more...

Related Stories:

• Borrowing standards getting tougher

  Lansing State Journal - Banks are toughening standards for home mortgages and commercial real estate development loans, according to a Federal ......
  2008-02-16 11:02:00

• Borrowing standards getting tougher (Lansing State Journal)

  Banks are toughening standards for home mortgages and commercial real estate development loans, according to a Federal Reserve survey....
  2008-02-07 01:17:58

• Vital Signs: Housing Drag Won't Let Up

  BusinessWeek - Conditions in the credit market, touched off by bad subprime mortgages, are also making it tougher for those who would...
  2007-10-18 04:24:00

• Home loans going strong, albeit a bit tighter, in area - WKOW TV

  Mortgage money remains available in southern Wisconsin to home buyers with adequate credit, despite the national credit crunch. "There's plenty of money...
  2008-10-17 06:28:00

• Home buyers face obstacles (Chicago Tribune)

  Credit standards for obtaining mortgage tightened It has become a lot tougher for first-time home buyers to secure a...
  2007-10-27 06:09:18

• Home sales fall for the second quarter; what goes on here? (The Sauk Prairie Eagle)

  SAUK PRAIRIE AREA - The bad news is, over the second quarter home sales fell 10.8 percent nationally and 7.2 percent in...
  2007-08-22 03:58:24

• UPDATE Fed survey shows banks have tighter lending standards, weaker ...

  Forbes - ... the bankers reported similar cutbacks and tougher standards for all kinds of mortgage and home equity lending. The...
  2008-02-04 11:34:00

• Interest rate drop spurs small boom in loan refinancing

  Wisconsin State Journal - More than two-thirds of Wisconsin bankers don't see a housing market recovery for at least a year, according...
  2008-02-02 05:53:00