Sentences with phrase «easing credit standards»

However, for other consumer loans, the percent of banks easing credit standards is occurring at the same time that banks are also experiencing a stronger demand for these loan products, facilitating the likelihood of bank lending.

Americans want more credit, banks slowly ease credit restrictions — The Fed's quarterly survey of senior loan officers finds bankers slightly easing credit standards for credit cards and other loans.

The government is pushing up mortgage prices to dangerous levels by easing credit standards in a market where supply is low but demand is high.

Lately, we've been writing a lot about easing credit standards within the mortgage industry.

It's no secret that Fannie Mae, Freddie Mac and FHA have begun easing their credit standards on many housing loan programs because the U.S residential real estate market has begun recovering.

Easing credit standards mean consumers have to take responsibility for not overusing access to credit.

That could prompt lenders to ease credit standards to try to increase the volume of loans to new borrowers.

Fed: banks ease grip modestly on cards in first quarter of 2017 — Banks eased credit standards somewhat for credit card applicants in the first quarter, according to the survey of senior loan officers... (See Fed)

According to our second quarter Mortgage Lender Sentiment Survey, lenders expect to ease credit standards further; however, we continue to project that the pace of growth in total home sales will slow to 3.3 percent this year, as we believe rapid home price gains amid scarce supply will remain a hurdle for potential homebuyers, despite improvements in credit access.»

Households «aren't buying because there's a fence in front of them,» said Yun, who encouraged Watt to continue its efforts to get lenders to ease their credit standards to a more reasonable level.

Low - income programs typically involve flexible debt - to - income or loan - to - value ratios, eased credit standards, or reduced fees and points.

Rising mortgage rates «are working against affordability and that's why you get the pressure to ease credit standards,» says Doug Duncan, Fannie Mae's chief economist.

The Fed's Senior Loan Officer Survey was published this week and shows both an increase in the demand for mortgages and that some banks have eased their credit standards somewhat.

Tight supply, higher mortgage rates make homeownership out of reach for many, pressuring lenders to ease credit standards

Only 8 percent of the banks surveyed said they had eased their credit standards.

Not exact matches

Many lenders have eased their requirements for auto loans, for example, says Roberts, though lending standards remain far higher than during the 2005 - 06 peak of the credit bubble.

Credit scores are another mortgage standard that appears to be easing in 2015.

If there is, in fact, some degree of easing with credit score standards, it could create a larger pool of qualified borrowers in 2014.

Easing lending standards to return credit scores to pre-bubble levels would boost home sales by around 450,000 units and new single - family home construction by around 275,000 units, according to estimates from Zandi.

«If they generate credits for the future, it eases the transition when standards ratchet up later.»

Lots of other places eased off or deferred their exit standards, while still others hacked alternate paths to diplomas that circumvented their exit standards and / or devised ersatz «credit recovery» schemes whereby diplomas could be «earned» without even passing the classes dictated by the old Carnegie Unit rules.

We chose to define best (highest quality) as the credit bureau most closely meeting the standards of accuracy, the speed of updates, ease of dispute handling, and data security.

If there is, in fact, some degree of easing with credit score standards, it could create a larger pool of qualified borrowers in 2014.

Credit scores are another mortgage standard that appears to be easing in 2015.

Rates remain low and credit standards have been eased in recent months.

In addition, with charge - off rates now at relatively low levels, and with revenue growth remaining anemic, credit card issuers may be more inclined in the coming quarters to seek to build card outstandings and drive net interest income, perhaps through a combination of easing underwriting standards, offering strong introductory offers on balance transfers, and even reducing APRs.

«The primary methods used for easing credit underwriting standards were changes in pricing and fees, scorecard cutoffs, and debt - to - income ratios.»

The Federal Reserve's latest survey of senior loan officers reports a slightly larger number of banks are easing standards for new credit card applications and approving applicants with lower scores.

Numbers show credit access still tight The Fed's survey showed that 12.5 percent of banks reported easing their standards for card application approvals, while 85 percent said their standards were basically unchanged.

EPA could plausibly loosen the restrictions on greenhouse gas standards to bring them more in line with the CAFE standard, either by adding crediting mechanisms or easing the greenhouse gas standards (and maybe also the CAFE standards).

«Consumers are also growing more optimistic about their ability to get a mortgage, and lenders expect credit standards to ease further going forward.»

Bob Frazier, Baltimore area manager for Prosperity Home Mortgage, said so far loan standards have not eased in terms of required documents, debt load and credit score.

Fannie Mae's fourth quarter 2015 Mortgage Lender Sentiment Survey ™ shows that lenders expect to ease mortgage credit standards for GSE - eligible loans and government loans over the next three months, opening the door for more buyers to get financing.

FHFA, which regulates Fannie Mae and Freddie Mac, also will help lenders who sell loans to the mortgage giants by easing standards on borrowers who don't have perfect credit profiles.

As long as solid job creation continues, a gradual easing of credit standards even with moderately higher mortgage rates should support steady demand and sales continuing to rise above a year ago.»

Olsen attributed the decrease in large part to the easing of credit standards over the last few years, as well as a generally stronger set of applicants since the housing bubble burst.