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Mortgage Lenders Look to Tighten Purse Strings

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Mortgage Lenders Look to Tighten Purse Strings

Mortgage Lenders Look to Tighten Purse Strings

Mortgage Lenders Look to Tighten Purse Strings

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  • <iframe src="https://www.npr.org/player/embed/12806654/12806655" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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Amid a shaky U.S. mortgage market, lending guidelines are changing quickly. Norman Calvo, president of Universal Mortgage in New York City, talks with James Hattori.