[quote author="lawyerliz" date=1210028236]Before he gave up and started selling cruises, my realtor buddy gave a
	few open houses here in South Florida.
	
	He hung around during the open house period, but nobody came at all.
	
	I found the house I'm living in now at an open house.
	
	I think institutional financing has to come back before the mkt can recover.
	Right now, here, it effectively doesn't exist.
	
	I'm not asking for fog a mirror underwriting.  I am asking for people who
	have a glitch or 2, but still appear to be reasonable loan candidates, to 
	be granted mtges.
	
	However, I guess the bottom line is banks are not loaning money, because
	they have no money to loan, which I've posted before, is the real reason that
	they aren't loaning.</blockquote>
	
	2 words... TIGHT CREDIT. 
