Browsing: Auto lending

Commercial Lending

More bankers began easing credit standards and terms amid weakening demand for a wide swath of commercial and real estate loan products in the third quarter, according to the Federal Reserve’s latest senior loan officer opinion survey released today.

Commercial Lending

Bankers continued tightening credit for commercial real estate loans and consumer loans in the last three months while holding steady on other business loans and easing credit standards very slightly in their home mortgage portfolios, according to the Federal Reserve’s latest senior loan officer survey released today.

Compliance and Risk

 We have a customer who is going on temporary active duty for four to six months for training, so the provisions of the Servicemembers Civil Relief Act apply since it is over 30 days. This customer has an auto loan with us. Our loan agreements require that a borrower maintain adequate insurance on the vehicle.

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