Loans4Less.com, Inc. (LFLS) Anticipates Solid Growth as Housing Market Continues to Thaw
Pending home sales for January rose 4.5%, better than an increase of 2.0% pegged by most analysts. The National Association of Realtor Wednesday said the index climbed to its highest reading in nearly three years, marking a 9.5% improvement over the same time last year. Following the report, U.S. markets cruised higher as investors read the data as evidence the housing market will keep recovering. Knowing that lender underwriting standards are more favorable for best-credit borrowers than sub-prime borrowers, Loans4Less.com, a California-based online brokerage firm focused on standard “A” paper loans, is experiencing growth along with the broader market. According…