Fed: Senior Loan Officer Opinion Survey on Bank Lending Practices released ...Middle East

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C&I Loans (Commercial and Industrial loans):

% of Banks tightening was the highest in more than a year

Demand weakened significantly across all firm sizes.

CRE Loans (Commercial Real Estate):

Multifamily loan standards were mostly unchanged.

Over the past year, banks tightened loan-to-value ratios, debt service coverage, and reduced interest-only periods.

Household Lending:

Lending standards mostly unchanged, except modest tightening for non-QM jumbo mortgages.

HELOC standards were stable, but demand for HELOCs modestly strengthened.

Credit card lending standards tightened slightly (especially credit limits).

Demand weakened for credit card and other consumer loans; auto loan demand was stable.

This article was written by Greg Michalowski at www.forexlive.com.

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