Did we make it too hard to get a mortgage after 2008? A new report says yes.

A new report from Pew suggests that mortgage lending standards have become overly strict since the 2008 housing crisis, making it harder for many to qualify for a mortgage. Critics argue that these stricter standards prevent a repeat of the financial disaster caused by lax lending practices, while others contend that the pendulum has swung too far, excluding deserving borrowers. The debate underscores the ongoing tension between preventing future financial crises and ensuring accessible homeownership opportunities.