Loan Officers news and trends

US Banks Tighten Business Loan Underwriting

February 04, 2020
federal reserve, loan officers, banks, survey, tighter standards, defaults, performance,
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US Banks Tighten Business Loan Underwriting

February 04, 2020
As business loan performance drops off, U.S. banks are anticipated to rein in criteria this year, a Federal Reserve (Fed) survey showed on Monday (Feb. 3). The Fed’s quarterly survey of senior loan officers from 74 domestic banks and 22 U.S. branches and agencies of foreign banks indicated that most are forecasting tougher standards for all […]