Pulse on Politics: Lending Difficulties Continue

By chrisking • October 20th, 2014

Various news sources, including Provident Bank’s Sigma Research, released an interesting, ironic update on October 3, 2014. Former Chair Person of the Federal Reserve, Ben Bernanke, stated that he was denied in his attempt to refinance his home loan. Perhaps it’s a good thing when the “rule makers” find out that overly stringent, knee-jerk reactions to the mortgage crisis negatively impact people and continue to do so. As Martin Luther King, Jr. famously said, maybe the elites in America need to also “feel the pain,” so the policies that we craft are reasonable, rational and fair to all concerned. We continue to fight for our clients’ financing needs.


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