What does the latest Senior Loan Officer Opinion Survey on Bank Lending Practices say regarding loan demand and underwriting standards?
Tag: consumer loans
Credit Standards Ease…Consumers Still Shy
A few weeks ago the Federal Reserve Board released the data from its regular survey of senior loan officers. The survey is effectively an analysis of supply and demand for commercial, mortgage, and consumer loans. We regularly utilize this data…
Government Owns More Consumer Debt Than Credit Unions?
On July 8 the Federal Reserve released consumer credit data showing that it increased at an annual rate of 2-1/2 percent in May 2011. Revolving credit (credit cards and similar credit vehicles) increased at an annual rate of 5 percent, and…
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