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- Fed: Lending Standards Tighten, Loan Demand Declines
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From the Fed: The April 2008 Senior Loan Officer Opinion Survey on Bank Lending Practices In the April survey, domestic and foreign institutions reported having further tightened their lending standards and terms on a broad range of loan categories over the previous three months. The net fractions of domestic banks reporting tighter lending standards were close to, or above, historical highs for nearly all loan categories in the survey. …
Original Source: feeds.feedburner.com/CalculatedRisk
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5 May, 2008| housingblogs |
@ 20:37