Fannie Mae National Housing Survey a Tale of Two Mortgage Processes; Homeowners With Good Credit Confident, Hopeful, Satisfied.

Business Wire (July 19, 2001)


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Extract:

Fannie Mae National Housing Survey a Tale of Two Mortgage Processes; Homeowners With Good Credit Confident, Hopeful, Satisfied.

Business Editors

WASHINGTON--(BUSINESS WIRE)--July 19, 2001

Others Able to Buy Homes Despite Poor Credit Rating but Understand

Process Less and Report General Dissatisfaction

Growth in lending to credit-impaired borrowers has given rise to two mortgage processes in America - one that leaves borrowers with stronger credit histories feeling more confident and satisfied than ever and a second in which families with credit problems can nevertheless obtain mortgages, but at higher prices, with less confidence and general diss...



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