August 19, 2010 – The latest Federal Reserve survey of bank lending practices showed a net modest easing in credit standards and terms in the second quarter. The slight loosening of credit standards, however, was not widespread. The Fed’s report noted that “While the survey results suggest that lending conditions are beginning to ease, the […]
Bank Loan Demand Remains Weak As Consumers Repair Tattered Balance Sheets
Filed Under: Banking News, featured, Financial Crisis, Struggling Homeowners Tagged With: america needs income not more debt, weak credit growth is good news
Problems Paying Your Mortgage? – Fannie Mae’s New Website Offers Help
August 2, 2010 – Fannie Mae today announced a new website for consumers struggling with mortgage payments. The new web site was designed to educate homeowners on where to get help and on how to avoid foreclosure. Fannie Mae noted that many homeowners who lose their homes have often had minimal or no contact with […]