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Lending Standards Tightened At A Similar Or Faster Pace To Q1

US DATA

Lending standards saw another quarter of tightening across the board through Q2, for the most part either at a accelerated pace than was the case with the April release or showing a similar trend.

  • Lending standards for commercial & industrial loans saw an intensification of tightening for firms of all sizes, pushing higher to
  • CRE lending saw a similar paced net tightening for another quarter at roughly similar levels to the height of the pandemic.
  • Residential real estate loans saw a mostly similar rate of tightening or a slight acceleration, barring the limited number of those loaning subprime mortgages where there was an easing.
  • Consumer loans are most mixed meanwhile, with credit card lending standards tightened further but at a slower pace for both auto and other loans.

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