As Prices Rise, Mortgage Lenders are Making it Easier to Buy a House

Los Angeles Times, Aug. 6, 2017–Andrew Khouri
Buying a home isn’t easy, especially in high-cost metropolitan areas such as Los Angeles County, where the median price of a home hit $569,000 in June. But changes in the mortgage industry are afoot, with the goal of loosening some of the strict standards established after the subprime crisis–rules some blame for impeding sales.