Hopes rise for mortgage lending thaw from FHFA move
October 20, 2014 at 16:58 PM EDT
For anyone who’s had trouble getting a loan over the past several years, Washington may finally have some good news to offer. Federal Housing Finance Agency Director Mel Watt told mortgage bankers here in Las Vegas he plans to make reforms shortly that he hopes will improve several areas of bottlenecks when it comes to lending and boosting private repurchases of loans.