Source: Kenneth Harney, Washington Post ( Free Registration )

Like a spreading infection, restrictions on credit are moving into new and more specialized niches of the mortgage market.

Among those now feeling the pinch:

• Cash-out refinancings.
• Loans with anything less than full documentation of borrower income, credit and assets.
• Mortgages for certain second-home purchases.
• Investment loan applications in which the buyer owns at least three other rental properties.

Read Full Article: Credit restrictions are now the rule