Lenders Tighten Lending Standards for Some Loans
A new Federal Reserve survey of senior loan officers reveals
that lenders tightened standards on commercial and industrial loans and
commercial real estate loans in the fourth quarter of 2015. Survey respondents
expect further tightening this year, citing the uncertainty surrounding
economic forecasts and concerns about the performance of the oil and gas
industries. They indicated that rising interest rates and delinquencies on many
types of commercial loans are likely. However, they reported stronger demand
for commercial real estate loans during the quarter. Meanwhile, some lenders
reported easing standards for residential mortgages, including jumbo loans, and
expect mortgage standards to further ease this year.
From "Lenders Tighten Lending Standards for Some Loans"
Wall Street Journal (02/01/16) Harrison, David
From "Lenders Tighten Lending Standards for Some Loans"
Wall Street Journal (02/01/16) Harrison, David
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