Tight credit won't slam home values - Seattle Times

Story date: 2008-06-11 12:16:00
Added on: 2008-06-11 01:39:42

Rising defaults and foreclosures and an oversupply of homes are more likely to stunt a real-estate recovery than tighter mortgage standards, lenders say. "I think improvement [in the real-estate market] can occur while standards are still this tight ...


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