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Credit Crunch Easing, but Lending Standards Still Tight for Mortgages

The Federal Reserve says both large and small banks are beginning to ease back on their credit requirements for “some categories of loans” to households and businesses.

However, standards continue to tighten on prime mortgages and home-equity loans, particularly at smaller institutions.

Read More: http://bit.ly/cBSp89

 

 

 

 

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