HMM: Government Stress Tests For Banks May Hurt Recovery. “: Federal regulators have ordered Bank of America and other large banks to undergo stress tests to prove they’re financially sound. But the source of their stress is government.”

UPDATE: A reader emails: “Is this why my blue chip client with the over 800 credit score took 3+ months to close a BOA mortgage for a home she bought in a blue chip neighborhood in Oakland County, MI?”