Mortgage Qualifications Ebb & Flow

Since the beginnings of “the financial crisis”, lending rules tightened massively. I’ve been hearing that these criteria have been loosening, at least slightly. Then I have these message in my inbox:

 

 

 

Though getting lending more accessible is desperately important to rebuild the housing market, I don’t want to see a return to the “fog the mirror” qualification process.

 

My sincerest hope is that we can find some type of middle ground. However, society and pendulum swings are massive forces to be dealt with.