By Tim Mazzucca, Washington Business Journal
The federal government’s Survey of Credit Underwriting Practices found more national banks eased their underwriting standards last year than did so in each of the past seven years.
The real estate industry — residential and commercial — received a lot of the largesse.
The Office of the Comptroller of the Currency, the federal regulator of national banks and issuer of the survey, says one-third of the surveyed banks eased their construction-lending criteria in the year ended March 31.
For this complete story, please visit Credit underwriting eases, survey finds.
