Survey reveals rising tide of tighter standards for prime loans 

About 41 percent of loan officers responding to a Federal Reserve Board survey in October reported they had tightened lending standards on prime residential mortgages during the previous three months, compared with 15 percent of respondents in a July survey.

About 36.7 percent of the 49 respondents stated that credit standards "tightened somewhat" for prime residential loans, while 4.1 percent stated that credit standards "tightened considerably" during that period.

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