Banks Report Tightening Loan Standards in Q3
A Fed survey shows banks are continuing to raise the bar for lending in response to worsening economic conditions.
Banks Expect Tighter Consumer Loan Standards
Significant net shares of banks expect performance to deteriorate in 2020 for both credit card and auto loans to nonprime borrowers, according to the Fed.
Banks See Tighter Standards on Loans in 2019
The Fed's latest survey of loan officers shows "an increasing number of banks bracing for a lending slowdown.”
Banks Continue Easing C&I Loan Standards
Nearly every bank that responded to a Fed survey attributed eased standards to more aggressive competition.
Competition Spurs Easing of C&I Loan Terms
Among senior loan officers, "more aggressive competition from other bank or non-bank lenders was by far the most emphasized reason for easing."
Demand for C&I Loans Weakens, Terms Ease
The Fed's July survey of senior loan officers is in line with other data showing weakness in business spending.
Banks Continue Tighter CRE Lending Policies
The tighter lending standards reflect in part a less favorable or more uncertain outlook for commercial real estate prices.
Banks Tighten CRE Loan Standards in Q3
Conditions tightened for construction and land development loans, as well as loans secured by multifamily residential properties, according to a Fed survey.
Fed Finds Banks Are Tightening on C&I Loans
A less favorable economic outlook had some banks tightening standards for commercial and industrial loans in July, said the Federal Reserve.