Who is going to be able to get a mortage approved 6 months from now? This seems real bad.
I walked into a Wells Fargo office last week and got approved all the way to closing for a 30 year fixed in about 15 minutes. If you have a good credit score and enough income to buy the house you want, it's not a problem at all. Is this not the way it should be?
What goes unsaid here is that in the Clinton years, and Donna Shalala's bidding, the mortgage lenders were ordered to make these risky loans or face Federal discrimination charges. This is simply another example of what the country faces when Hillary! takes over.