Banks are lending money in this beleaguered economy. It’s just a lot tougher to get. That was the message three local bank executives underscored Wednesday at an Aspen Board of Realtors panel discussion at the Hotel Jerome where they fielded a wide range of questions on current financial topics. “There is a little bit of a misnomer that no one is lending money. We are lending a lot of money,” said Jody Cooper, home mortgage consultant for Wells Fargo, who estimated that 70 percent of it is for home refinancing. “We have to dot every ‘i’ and cross every ‘t’ but we are lending money.
By Troy Hooper, April 23, 2009, Aspen Daily News

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