Fed: More banks are tightening lending standards (AP)

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ForumGarden
Posts: 422
Joined: Wed Aug 04, 2004 11:00 am

Fed: More banks are tightening lending standards (AP)

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AP - The Federal Reserve is reporting that more banks are tightening lending standards on home mortgages, consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy.

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Lon
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Joined: Fri Nov 12, 2004 11:38 pm

Fed: More banks are tightening lending standards (AP)

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Forumgarden;948686 wrote: AP - The Federal Reserve is reporting that more banks are tightening lending standards on home mortgages, consumer and business loans as a deepening credit crisis exerts a heavier toll on the economy.

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Well-------how bout that? It's about time they tighten up.
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Accountable
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Joined: Mon May 30, 2005 8:33 am

Fed: More banks are tightening lending standards (AP)

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Darn! Now poor people will NEVER be able to buy a home. *tsk* so unfair.
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