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Mortgage Market on the Mend

By Lisa Prevost

New research from TransUnion, the credit information service, predicts that some 1.5 million homeowners who were forced out of the mortgage market after the housing bust will have recovered sufficiently to re-enter the market sometime between now and 2017.

But creditworthiness alone does not a buyer make. Other studies suggest that the fallout from the financial crisis is still a hindrance for many Americans, and that the national homeownership rate will continue to fall in coming years.

Read the full article: Mortgage Market on the Mend