Thursday, September 02, 2010
05:21 PM Texas Time
Loan Risk to Continue Increasing
OCC issues 2010 report
Risk on retail and commercial loans increased for the third consecutive year, according to the 16th annual Survey of Credit Underwriting Practices released Thursday from the Office of the Comptroller of the Currency.
The increase came despite tightened underwriting standards.
But competition is driving some easing of standards, and credit market liquidity has shown a slight improvement.
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