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March 11, 2009 | Tconsoli | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Rejected for home loan? Here’s a good game plan

Instead of yielding to shame, anger or any of the usual emotions associated with rejection, today’s consumers who are intent on buying or refinancing should adopt a pragmatic stance.

The sudden chill isn’t personal. The Mortgage Bankers Association, or MBA, in Washington, D.C., estimates that about half of all mortgage applicants are now being turned down.

For full article, click on this link:

http://seattletimes.nwsource.com/html/realestate/2008823457_remortgages08.html

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