http://www.behindthemortgage.com/2010/02/the-other-reason-getting-a-new-mortgage-has-gotten-tougher.html?utm_source=rss&utm_medium=rss&utm_campaign=the-other-reason-getting-a-new-mortgage-has-gotten-tougher Alex Stenback | Twin Cities Blog on Mortgages, Rates, and Real Estate Thu, 05 Jan 2012 22:38:40 +0000 hourly 1 http://wordpress.org/?v= http://www.behindthemortgage.com/2010/02/the-other-reason-getting-a-new-mortgage-has-gotten-tougher.html/comment-page-1#comment-23318 Delayed weekend links and a memory « ClosingGuyInPittsburgh Sun, 07 Feb 2010 23:24:57 +0000 http://www.behindthemortgage.com/?p=1263#comment-23318 [...] The other reason getting a new mortgage has gotten tougher – Behind the Mortgage is a blog written by Alex Stenback, a loan professional in Minnesota.  Yes, it’s hundreds of miles away from Western PA, but almost anything in residential mortgages will be applied almost uniformly nationwide.  Alex points out that as the Fannie Mae and Freddie Mac process of pushing problem loans back to originating lenders continues, those originating lenders are going to look for things they should have caught before approving the loan.  It’s basically the whole “fool me once” deal.  So anyone applying for a loan should expect the documentation requirements and other headaches associated with getting a new mortgage to increase.  By the way, Alex can be found on Twitter here. [...] [...] The other reason getting a new mortgage has gotten tougher – Behind the Mortgage is a blog written by Alex Stenback, a loan professional in Minnesota.  Yes, it’s hundreds of miles away from Western PA, but almost anything in residential mortgages will be applied almost uniformly nationwide.  Alex points out that as the Fannie Mae and Freddie Mac process of pushing problem loans back to originating lenders continues, those originating lenders are going to look for things they should have caught before approving the loan.  It’s basically the whole “fool me once” deal.  So anyone applying for a loan should expect the documentation requirements and other headaches associated with getting a new mortgage to increase.  By the way, Alex can be found on Twitter here. [...]

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