Federal Reserve Raises Lending Standards for Banks

May 7, 2008

It appears we are at a crossroads, while the mortgage industry is trying to ease things so more persons have options and ability to purchase homes - the Federal Reserve is now raising its lending standards for banks. This is somewhat of a diverging path - so it should be interesting to see how this all shakes out.

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One Response to “Federal Reserve Raises Lending Standards for Banks”

  1. Lending News » Blog Archive » Federal Reserve Raises Lending Standards for Banks on May 7th, 2008 2:07 pm

    […] Dave Harding, ProgressOhio […]

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