As the real estate market conƟnues to improve, or, more specifically, as homes conƟnue to appreciate, homeowners with underwater mortgages will reap the benefits. However, naƟonal policies stemming from the federal Dodd-Frank Act may temper growth as the changing standards for what defines a convenƟonal mortgage will make qualifying more difficult. These standards may serve a greater purpose in the long term, but their short-term effects are currently hurƟng potenƟal homebuyers.
Read Study