Credit availability a top housing concern: Fed's Duke
The lack of credit available to home buyers is among the biggest concerns in the still troubled U.S. housing market, a top Federal Reserve official said on Friday.
Fed Governor Elizabeth Duke highlighted credit availability, as well as the lack of a national appraisal database on housing, as concerns the U.S. central bank has.
(Reporting by Jonathan Spicer and Leah Schnurr; Editing by James Dalgleish)