Discussion

Discuss in a 3 page analysis:

1. The importance of underwriting standards to a healthy real estate finance market;

2. Changes to mortgage underwriting standards prior to the real estate boom that may have helped the boom accelerate and also created the conditions for the real estate collapse;

3. Changes to mortgage underwriting standards after the real estate collapse that were enacted as a response to the collapse; and

4. Give an example of current underwriting standards for any underwriting group (see examples in text).

Your work should be in proper APA format.