NEW YORK CITY-A Federal Reserve survey has showed that standardsand terms of household and business loans have been eased by banksin the last three months. Many people have said that it would takemany years for standards to come back to long-term norms.
According to a statistical release, commercial real propertyloans have dropped to $1.51 trillion since December 2008. Mostbanks have said that there would be no change in standards forcommercial and real property lending. For the full story,go to New York Post.
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