Banks reported little change in standards for commercial and industrial loans, and fewer banks said they eased price or nonprice terms, according to the January
Commercial real estate standards were also fairly steady, while "modest net fractions of banks reported stronger demand for C&I loans to larger firms; similarly, respondents experienced stronger demand for all three categories of CRE loans covered in the survey," the Fed said.
"Regarding loans to households, the January survey featured revised and expanded categories of residential real estate loans to reflect the Consumer Financial Protection Bureau's qualified mortgage (QM) rules and provide more detailed information on the mortgage market," the Fed said. "Several large banks reported having eased lending standards for a number of categories of residential mortgage loans over the past three months, including those eligible for purchase by government-sponsored enterprises (referred to as GSE-eligible). Most banks reported no change in standards and terms on consumer loans. On the demand side, modest net fractions of banks reported weaker demand across most categories of home-purchase loans. In contrast, modest fractions of large banks experienced stronger demand for auto and credit card loans on balance."
