Credit Availability

No matter how good your credit is, the lender must still have funds to give you and an inclination to take the risk of giving them to you despite that good credit.

Conventional bank profits came from lending money to worthwhile risks. That convention isn’t any longer as simple as that.

U. S. regulators now have a habit of investing their populist political reasons. After all. consumers vote and banks do not.

When officials feel existing mortgage terms have to be changed, they “suggest” them. When they feel the bank’s books need strengthening, the customers’ good risks cannot be taken. And so on.

Credit availability is thus on the line. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)