Separating mortgage facts from fiction

Sometimes perception and reality never intersect.

The former, emboldened by an increasing volume of buzz, begins to carry the weight of fact, pushing the latter into the shadows.

Perusing the Mortgage Bankers Association Web site on Friday, I discovered that has been happening as the residential real estate market continues to sag. Gregory J. Wilcox in the Daily News.

At least, that's the MBA's take.