Monday, November 8, 2010

Federal Reserve Bank finds lenders slightly easing credit standards

However I do find the standards high, but really they are pre-bubble standards.  What is old is new again.
Of the large to mid-sized firms, 55.6% reported a less favorable or more uncertain economic outlook as a very important reason for easing their standards, while 66.7% said a reduced tolerance for risk was a very important reason. Small banks listed aggressive competition as the most important reason for easing lending standards (51.9%).
Read it all

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