Tag Archive for ‘Senior Loan Officer Opinion Survey’

Lending Conditions Tighten (But Less than Expected)

The recently released results of the Federal Reserve Board’s quarterly Senior Loan Officer Opinion Survey (SLOOS) show some tightening of lending conditions in the first quarter of 2019. While many banks reported that their standards in approving applications for credit cards from individuals or households tightened somewhat, overall, the tightening was not as much as they had anticipated, when they… Read More ›

Interest Rates on Consumer Credit Increase by the End of 2018

The latest data from the Federal Reserve Board’s G.19 Consumer Credit report show that all non-mortgage consumer credit, i.e., excluding loans secured by real estate, increased 5.0% in December, with revolving and nonrevolving credit increasing 2.0% and 6.0%, respectively. The current outstanding levels of debt, on a seasonally adjusted basis, are $1.04 trillion for revolving debt and $2.97 trillion for… Read More ›

U.S. Banks Report Expectations of Tightening Standards on Loans in 2019

Latest data from the Federal Reserve Board’s quarterly Senior Loan Officer Opinion Survey (SLOOS) show recent lending policies of eighty large domestic banks and twenty-four U.S. branches and agencies of foreign banks. The survey’s respondents reported, on the whole, that they tightened standards on Commercial Real Estate (CRE) loans and did not change the standards applied to Commercial and Industrial… Read More ›

More Banks Tighten Credit Standards on MF Debt

Results from the most recent Senior Loan Officer Opinion Survey (SLOOS) indicate that lending standards on multifamily residential mortgages continue to show signs of tightening and the pace of tightening is growing. The Federal Reserve Board’s SLOOS asks senior loan officers at large banks their opinion on changes in the standards and terms on, and demand for, bank loans to… Read More ›

Serious Delinquency Rates Continue to Fall

In its quarterly National Delinquency Survey, the Mortgage Bankers Association reported that 3.29% of 1-4 family mortgages were seriously delinquent in the first quarter of 2016. Measured on a not seasonally adjusted basis, the rate of serious delinquency, which includes both mortgages that are 90 or more days past due and mortgages in foreclosure, was 0.95 percentage point less than… Read More ›

Banks Report Continued Tightening on Multifamily, AD&C Loans

Credit standards on loan applications for commercial real estate loans (CRE), which includes land development and construction, multifamily, as well as nonfarm nonresidential loans, tightened over the first quarter of 2016. Moreover, the pace of tightening in each of these types of CRE loans has progressively grown over the past year. More specifically, banks indicate that tightened lending standards over… Read More ›

AD&C Credit Standards Tighten, Even as Outstanding Loan Amounts Rise

Credit standards on loan applications for construction and land development loans or credit lines tightened, on net, over the fourth quarter of 2015. According to the most recent iteration of the Federal Reserve Board’s Senior Loan Officer Opinion Survey, a net share of 12.7% said that lending standards at their respective commercial bank tightened. The net share represents the difference between… Read More ›

Lending Standards Tighten on Land Development and Construction Lending

Credit standards on applications for land development and construction loans or credit lines tightened on net, albeit slightly, over the second quarter of 2015. According to the most recent iteration of the Federal Reserve Board’s Senior Loan Officer Opinion Survey, a net share of 1.4% of senior bank respondents reported that lending standards at their respective bank tightened over the… Read More ›

The Impact of Oil Prices on Bank Lending or “Will the Tail Wag the Dog?”

The Federal Reserve Board recently released its survey of senior bank loan officers. The April 2015 Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) addressed changes in the standards and terms on, and demand for, bank loans to households and businesses and over the first quarter of 2015. A previous post discussed a special question on bank approval of residential… Read More ›

According to the Survey (SLOOS), Size Really Does Matter

In the April 2015 iteration of the Senior Loan Officer Opinion Survey (SLOOS), the Federal Reserve Board included a special question on residential real estate lending. That special question asked banks about how they had responded to new guidelines issued by the GSEs on November 20, 2014, on the definition of life-of-loan representation and warranty exclusions. These policies were designed,… Read More ›