Fewer banks tighten mortgage underwriting standards

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At the same time, however, they said there could be benefits for the big banks, because the new rules are expected to force smaller non-bank lenders to tighten their. "While we believe mortgage.

As banks begin easing underwriting standards to meet loan demand and improve earnings, they should maintain prudent underwriting standards. The OCC expects banks to underwrite loans based on sound underwriting standards, regardless of the intent to hold or sell the loan, and to apply the same general standards for both types of lending.