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re: Fed hides weekly M1 supply, says "money doesn't matter"

Posted on 5/5/21 at 10:59 am to
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 5/5/21 at 10:59 am to
I’ll just keep providing data and you stick with your personal anecdotes. More banks are tightening lending standards today than pre-COVID.

LINK
This post was edited on 5/5/21 at 11:00 am
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11442 posts
Posted on 5/5/21 at 11:56 am to
quote:

I’ll just keep providing data and you stick with your personal anecdotes. More banks are tightening lending standards today than pre-COVID.



I work in mortgage as part of a diversified bank. This is 100% true and undeniable. On top of that, the borrowers are throwing down equity and have much better credit than decades past.
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 5/5/21 at 1:47 pm to
quote:

I’ll just keep providing data and you stick with your personal anecdotes. More banks are tightening lending standards today than pre-COVID.


You realize the data you are posting looks exactly like 2008 right?

Does "tightening standards" simply mean we are fricked?
This post was edited on 5/5/21 at 1:48 pm
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