Despite having served as one of the most central figures in the global economy, even Ben Bernanke has difficulty refinancing his mortgage.

Addressing a the National Investment Center for Seniors Housing and Care conference in Chicago on Thursday, the former Federal Reserve chairman said that "I recently tried to refinance my mortgage and I was unsuccessful in doing so," Bloomberg reports.

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Bernanke—who was once accused of presiding over a "Mortgage-Refi Nation"—explained that lenders "may have gone a little bit too far on mortgage credit conditions," according to the Bloomberg report.