| Banks Tighten Underwriting |
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The Federal Reserve Board released its January 2007 Senior Loan Officer Opinion Survey on Bank Lending Practices. Responses were drawn from 57 domestic banks, the Fed said. About 15 percent of domestic banks reportedly said they had tightened credit standards on such loans over the past three months. Read more at: http://www.mortgagedaily.com/loanofficersurvey020607.asp?spcode=rss. |
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