FOR IMMEDIATE RELEASE
Contact:
Scott Deaton
Broker/CEO
EXIT Realty Deaton Group
501-221-3948
Scott@ExitRealtyDeatonGroup.com
We Are Going The Wrong Way
Local Broker Discusses Latest Lending Policies That Could Halt Home Ownership in America
Little Rock, Arkansas (Grassroots Newswire) April 8, 2011 --Scott Deaton, Broker & CEO of EXIT Realty Deaton Group posted that recent changes in the lending industry could have adverse effects on home ownership across America.
"Over the past few months, the lending industry has been hit with regulations and procedures that may have a drastic, adverse effect on the home ownership rate within the United States," comments Deaton. "History has proven that home ownership is 'the key' to our economy. When it is positive, the economy is positive. When it is bad, the economy takes a hit. Why then are we seeing such drastic measures, all at once, that will keep people from owning a piece of the American dream," continues Deaton.
Recent changes include credit scores, down payments, and increased fees. To access the full article, go to http://scottdeaton.posterous.com/we-are-going-to-the-wrong-way. On Deaton's blog, he identifies the current practices and regulations that may bring home ownership to a decline in our country if changes are not made.
For more information about EXIT Realty Deaton Group, please call 501-221-3948. EXIT Realty Deaton Group is located at 11300 Financial Centre Parkway, Suite 910, Little Rock, AR 72211 & 3120 S Hazel, Suite C, Pine Bluff, AR 71603. Also go to www.WeAreExit.com or www.ExitRealty.com.
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