Smaller Banks Tighten Underwriting Standards on Loans
admin2010-11-09T17:31:48-07:00November 9 2010 (Shirley Allen) According to the October 2010 Senior Loan Officer Opinion Survey on Bank Lending Practices from the Federal Reserve, smaller banks and mortgage lenders reported tighter lending standards on mortgage loans over the previous three months which marks a reversal from a slight easing that had been reported in the previous [...]