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Banks have come under fire for their tight lending standards adopted in the wake of the crisis, but the Fed reported that some banks are beginning to lighten up.
Read More »Fed: Banks Beginning to Ease Lending Standards
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Credit Availability Index Declines, Indicating Tightening Lending Standards
The Total MCAI, which was benchmarked to 100 in March 2012, declined by 0.5 percent in June down to 122. The Conventional MCAI experienced the greatest decline in June (by 1.0 percent since May) out of the four component indices of the Total MCAI.
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