Fed's Senior Loan Officer Opinion Survey Released

11/3/2008

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Fed's Senior Loan Officer Opinion Survey Released   Mon, 3 Nov 2008 12:34:37 EST U.S. banks tightened lending standards for businesses at a record pace in the third quarter, according to the Federal Reserve's July Senior Loan Officer Opinion Survey on Bank Lending Practices. In the three months ending in October, a record 85% of banks tightened lending standards to businesses, up from 60% in July. The survey showed 84.6% of firms with annual sales of $50 million or more raising standards and 14.5% indicating "considerable" tightening. "What I fear is a sharp contraction in... Read Full Story Email This Story To A Friend   TODAY'S VIDEO NEWS Bookmark this page or subscribe to our video RSS Feed and visit daily for breaking Mortgage and Real Estate related news. Libor & Lending CNBC Videos 11/3/2008 11:20:50 AM Discussing when banks will be lending again, with CNBC's David Faber Liberty Exits Debt Swaps CNBC Videos 11/3/2008 10:16:02 AM Liberty terminates swap arrangements on some of its debt with a payment of $197.3M, reports CNBC's David Faber Why Fed Mustn't Forget About Inflation CNBC Videos 11/3/2008 5:47:12 AM The Fed mustn't forget about inflation as it battles recession, or leave rates too low for too long next year, the Federal Reserve Bank of Richmond President Jeffrey Lacker said Monday. Neil Shah from Edison considers Lacker's comments. Wall Street South CNBC Videos 11/3/2008 8:12:57 AM Charlotte, NC is known as the second largest banking center in the U.S. and is hit hard by the financial crisis, reports CNBC's Bertha Coombs   Please send any feedback or suggestions directly to our editor at info@MortgageNewsDaily.com. To UNSUBSCRIBE login to our Members Area and use the Unsubscribe Feature. Your User Name is your Email Address. If you forgot your Password use our 'Forgot Password' feature. DO NOT REPLY TO THIS EMAIL.