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Mortgage loans no longer an open door – Mail Tribune

loans - Google News Dec 26th, 2013 Loans.



Mortgage loans no longer an open door
Mail Tribune
The days in which anyone who could "fog a mirror" could get a loan are gone. Banks are now carefully scrutinizing earnings history and credit scores, having learned from a Great Recession powered by subprime loans. "It's gone back to old school," says ...

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