Industry News

Fed survey shows subprime lenders tightening standards

More banks report weakening demand for subprime loans
Published on Aug 14, 2007

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

The ranks of federally chartered banks making subprime mortgage loans didn’t shrink during the second quarter, but most tightened their standards, and demand for such loans did not grow. A Federal Reserve survey of senior loan officers at 50 banks ...

Comments