Saturday, February 4, 2023 | The Latest Buzz for the Appraisal Industry

Survey: Credit Loosening Everywhere Except Mortgages

By Scott Morgan

According to the OCC survey, 92 percent of surveyed banks originated residential real estate loans in 2014, and a full 20 percent reported tightening their standards regarding who can attain these loans. Seventy percent reported no changes in their standards, leaving a comparatively slight 10 percent of institutions claiming they eased their standards for residential mortgages.

The post Survey: Credit Loosening Everywhere Except Mortgages appeared first on theMReport.com.

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