Posts Tagged ‘Atlanta home Mortgage’

Are Atlanta Home Mortgage Lenders And Brokers Being Squeezed Out Of The Mortgage Market?

Saturday, September 6th, 2008

Mortgage guidelines and rules are changing daily because of the current mortgage crisis. Foreclosures are up, and the Atlanta market is eighth in over-all foreclosures nationwide. Larger investors are turning down four times as many loans and have dropped more than half of the programs as they less than a year ago. This isn’t a very optimistic picture for those smaller lenders and brokers that are trying to keep their heads above water.