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NEW YORK CITY-A Federal Reserve survey has showed that standards and terms of household and business loans have been eased by banks in the last three months. Many people have said that it would take many years for standards to come back to long-term norms.

According to a statistical release, commercial real property loans have dropped to $1.51 trillion since December 2008. Most banks have said that there would be no change in standards for commercial and real property lending. For the full story, go to New York Post.


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