N.Y. Fed: Credit Application, Approval Rates Rise
Consumer credit demand sharply rebounded in 2021, with most credit application rates rising and returning to 2019 levels, according to ...
Tag: Auto lending
Household Debt Rises by $286 Billion in Third Quarter
Total household debt increased 1.9% in the third quarter of 2021, rising by $286 billion to land at $15.24 trillion, ...
Fed Survey: Loan Easing Trend Slows as Recovery Pace Cools in Q3
While banks continued to remain in a posture of easing standards on commercial, mortgage and personal loan products, the easing ...
Household Debt Rises by $313 Billion in Second Quarter
Total household debt increased 2.1% in the second quarter of 2021, rising by $313 billion to land at $14.96 trillion, ...
Business Recovery Drives Business Loan Demand, Eased Standards
As the small business recovery took off in the second quarter, a substantially larger share of banks reported easing standards ...
Banks See Rising Demand for Jumbo Mortgages as Broader Credit Market Stabilizes
Rising home prices in many U.S. markets appear to have pushed up demand for—and banks’ offering of—jumbo mortgage loans, according ...
Fed Survey Shows Further Stabilization in Q4 Credit Practices, Demand
Loan demand and standards for lending continued to stabilize in the fourth quarter of 2020 after the economic freefall caused ...
Closed-End Delinquencies Drop in Q2, Q3 2020
Consumer credit delinquencies declined in eight out of 11 closed-end loan categories in the second and third quarters of 2020 ...
N.Y. Fed: Credit Application, Acceptance Rates Fall During Pandemic
The COVID-19 pandemic had a significant effect on credit markets throughout 2020, with credit application and acceptance rates falling after ...
Fed Survey: Loan Demand, Standards Begin to Stabilize
Loan demand and standards for lending began to stabilize in the third quarter after demand weakened and standards tightened during ...
