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U.S. banks ease underwriting standards, increase risky loans: federal survey

Posted on December 10, 2015 by Bill Jones in Uncategorized

U.S. banks loosened their loan underwriting standards and took on more credit risk this year, the Office of the Comptroller of the Currency said in a report on Wednesday that revealed lending trends similar to those in the years leading up to the financial crisis of 2007 through 2009.

Source: U.S. banks ease underwriting standards, increase risky loans: federal survey


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