By Camaron Abundes
PERMIAN BASIN- "If you could breathe you could get a mortgage," said Tena Waggoner, of Pioneer Mortgage. She says that just isn't the trend anymore.
According to the Associated Press Fifty lending companies around the nation have gone belly up since the start of the year.
"The scale and the requirements to get loans has moved up," said Joe Moya, of AG Edwards Odessa Branch, "The lending profession right now is going through what some experts call a lending crunch."
A crunch that will make it tougher for those with bad credit to land a loan.