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Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
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Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
Connect
Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
446
Votes |
1,821
Posts
Real Estate News & Current Events

Federal Reserve Announces New Mortgage Rules

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

The Fed announces new rules for mortage lenders:

http://biz.yahoo.com/ap/080714/fed_mortgage_crisis.html

8)

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Michael Shadow's profile image
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Michael Shadow
  • Investor
  • from Bellefonte, Pennsylvania
  • Member since Jan 7, 2008
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Michael Shadow's profile image
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Michael Shadow
  • Investor
  • from Bellefonte, Pennsylvania
  • Member since Jan 7, 2008
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Michael Shadow
  • Investor
  • Bellefonte, PA
86
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1,042
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Michael Shadow
  • Investor
  • Bellefonte, PA
Replied

Hey I remember dominos, flick the block of wood and watch the rest of them fall down

*flick* New plan to clean mortgage market

Fewer people can qualify for mortgages

Drives home prices lower

Appraisals come in lower

Drives home prices even lower

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