Mortgage lenders, stung by settlements, tighten the reins on credit
September 08, 2014 at 07:48 AM EDT
The mortgage crisis sparked outrage at lax home lending practices. The government launched probes of those practices and ultimately negotiated billion-dollar settlements from multiple lenders to end charges of misbehavior and poor mortgage underwriting that didn't meet the lending standards of Fannie Mae, Freddie Mac or the Federal Housing Administration...