Eye On Housing
The most recent iteration of the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS) finds stronger supply of and demand for most mortgage products across commercial bank respondents. On the mortgage supply side, net credit standards eased on 5 of the 7 mortgage products tracked by the SLOOS while stronger demand was recorded for 6 of the same 7… Read More ›
The Federal Reserve Board recently released its April 2014 Senior Loan Officer Opinion Survey on Bank Lending Practices. The survey addresses changes in the standards and terms on, and demand for, bank loans to businesses and households over the past three months. According to the household component of the April survey results, banks eased their lending standards for auto loans… Read More ›