Sentences with phrase «tightening of credit standards»

Even with the economic downturn and tightening of credit standards, approximately $ 1.9 trillion in mortgage loans were originated in 2012.

The tightening of credit standards continues to be a major obstacle for many buyers.

It has been expanded and updated to account for changes in the lending industry over the last few years, such as the general tightening of credit standards.

«Certainly, some tightening of credit standards was an appropriate response to the lax lending conditions that prevailed in the years leading up to the peak in house prices.

Not exact matches

A tightening of bank lending standards and a drying up of the home - equity - loan market in the post-financial crisis era have made small business credit less available than it used to be.

As a result of the commission he said «credit standards are tightening [and] credit growth in the regulated sector is slowing.»

The current state of the global economy threatens to cause further tightening of the credit markets, more stringent lending standards and terms and higher volatility in interest rates.

The U.S. Office of the Comptroller of the Currency said banks relaxed the criteria for businesses and consumers to obtain credit during the 18 months leading up to June 30, 2013, while the European Central Bank said fewer banks in the euro zone were reporting tightened lending standards to nonfinancial businesses in the fourth quarter of 2013.

Since then, standards for conducting digs have been tightened up largely thanks to British diplomat and archeologist Gertrude Bell (1868 - 1926), once head of the Iraqi Antiquities Service under the British Mandate, who is credited as a seminal participant in establishing both the National Museum of Iraq and the modern - day borders of Iraq (the region of Baghdad and Basra were formed into a single country in 1921, the region of Mosul was added five years later).

In other words, the reason private - sector lenders are tightening their credit score standards is not because of borrowers, it's because they want to assure that loan officers and others in the lending process are following the rules.

You replied,» In other words, the reason private - sector lenders are tightening their credit score standards is not because of borrowers, it's because they want to assure that loan officers and others in the lending process are following the rules.

The tightened credit standards and higher premiums were intended to reduce the number of defaults on FHA - insured loans and to increase the size of the reserve fund, reducing the chances that the agency would require a taxpayer bailout.

In recent years, lenders nationwide have tightened their lending requirements in the wake of the housing market collapse, making the VA Loan a lifeline for military homebuyers, many of whom find difficulty when faced with tough credit standards and down payment requirements.

That way, you will have a better chance of retaining access to credit the next time standards tighten up again.

Credit scores have been getting a lot of attention lately, as lenders tighten credit standards and contend with new legislation that has, among other things, reined in how credit - card issuers can raise Credit scores have been getting a lot of attention lately, as lenders tighten credit standards and contend with new legislation that has, among other things, reined in how credit - card issuers can raise credit standards and contend with new legislation that has, among other things, reined in how credit - card issuers can raise credit - card issuers can raise rates.

As a final note, all of the credit stress has led banks to tighten credit standards, and has limited the ability to finance first mortgage and home equity loans.

Or if there is a downturn and lending standards tighten (refi, line of credit).

«Besides the nearly 60 percent of banks tightening standards on credit card debt, 65 percent said they had tightened lending standards for other types of consumer loans over the last three months.

In 2011, the Department tightened the credit standards for parent PLUS loans by deciding to go back five years instead of just 90 days in looking at a borrower's delinquent accounts and charge - offs.

Several factors have contributed to a tightening of credit availability for commercial real estate loans, including increased underwriting standards, increased regulation of banks by multiple federal government agencies, and higher compliance costs for lenders.

A combination of increasing mortgage delinquencies, tightening underwriting standards, decreasing credit availability and falling home prices is straining the nation's economy and financial system.

Given all of the recent problems with people failing to make good on their debt obligations, credit card issuers have also tightened their approval standards.

It used to be 720 on the credit score scale of 300 - 850, but the banks are tightening their lending standards.

A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening credit.

«Federal Housing Administration loans once served a broad spectrum of borrowers until the subprime mortgage meltdown came along and pushed lenders to tighten underwriting standards and credit score requirements.

Out of the banks participating in the OCC's annual Survey of Credit Underwriting Practices 59 percent said their underwriting standards, or their mortgage qualification requirements, had tightened.

Lending standards keep tightening, Fed says — It didn't get any easier to borrow on credit cards at the start of this year, based on the Federal Reserve's quarterly loan officers» survey released today.

This assemblage of credit card associations has been steadily tightening the reins on runaway data by releasing regulations in the form of official standards.

Fed report: Lenders again tighten credit card loan standards, but not as much — Credit card issuers again cut credit in the second quarter of 2009, as did lenders of many kinds, according to the latest data from the Federal Recredit card loan standards, but not as much — Credit card issuers again cut credit in the second quarter of 2009, as did lenders of many kinds, according to the latest data from the Federal ReCredit card issuers again cut credit in the second quarter of 2009, as did lenders of many kinds, according to the latest data from the Federal Recredit in the second quarter of 2009, as did lenders of many kinds, according to the latest data from the Federal Reserve.

The recession shook many high - risk cardholders out of the credit card market: They either lost their cards to default or had them taken away by tightened lending standards.

Meanwhile, banks were tightening credit card loan standards in anticipation of more defaults, the Federal Reserve found.

Also helping to lower shadow inventories is the rise in home prices, lower unemployment rates, the higher number of loan modifications, and tightening of underwriting standards that has led to an improvement in mortgage credit quality, economists note.

Lenders have tightened standards, requiring steeper down payments and stricter scrutiny of credit scores.

An upswing in mortgage fraud has prompted lenders to tighten their credit standards, which has kept some buyers shut out of the housing market.

In recent years, lenders nationwide have tightened their lending requirements in the wake of the housing market collapse, making the VA Loan a lifeline for military homebuyers, many of whom find difficulty when faced with tough credit standards and down payment requirements.

Note, however, that most lenders have tightened their credit standards in light of increasing foreclosures and higher delinquency rates.

The federal tax credit program will end at the end of April, the Federal Housing Administration is tightening the screws on its minimum standards, and the Fed plans to end it's 1.25 trillion dollar mortgage - bond - purchase program in just a few days.

However, in the fourth quarter of 2007, credit card lending standards began to tighten.

By the third quarter of 2008 a net of 66.6 % of banks tightened their lending standards on credit cards.