Home loan lending used to be relatively simple. Lenders were so hungry for business they readily accepted no-down mortgages, interest-only loans, and E-Z refinancing for borrowers with bruised credit. Recently, however, a wave of bad loans wiped out small independent mortgage brokers, devastated bad-credit lenders, and prompted the industry itself to tighten lending practices. Today, it has become harder than ever for cash-strapped would-be homeowners to obtain home loan lending. Who Is To Blame? Experts blame subprime lenders for the recent home loan lending debacle. In the . More »