09
May
19:50
Bank survey indicates easier US construction lending practices
The US Federal Reserve's first-quarter Senior Loan Officer Opinion Survey (SLOOS) shows modest easing in bank lending standards for construction and land development loans, Kallanish discovers from the survey results.
The Fed's survey indicates that 24.6% of lending institutions tightened loan standards for construction and land development loans in Q1, representing an improvement from the 40% reading during the previous quarter.
There was an improvement…
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Anonymous
Very good overview of the weekly steel market.
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