US Banks Ease Underwriting Standards As Economy Improves

Law360, New York (January 30, 2014, 2:07 PM EST) -- U.S. banks have continued a recent trend of lowering underwriting standards for commercial and retail loan offerings as economic conditions improve and competition for customers heats up, but for now banks are not falling into housing bubble-era practices, a Thursday report said.

The Office of the Comptroller of the Currency said in its 19th Annual Survey of Credit Underwriting that its examiners found banks had an increased appetite for risk, with the largest banks leading the way. However, those same examiners reported that banks still maintained...
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