No more easy mortgage money as lenders tighten standards (Market Watch)
CHICAGO (MarketWatch) — The era of easy mortgage money has disappeared in the wake of problems in loans made to some of the riskiest borrowers at the height of the housing boom, with lenders now asking for more financial documents, bigger down payments and proof of greater credit responsibility from would-be borrowers.
Business notes (Onalaska Community Life)
Here’s the latest news about business people in the community.