20% Of Bankers Expect Lending Standards to Loosen

In a new survey, conducted for FICO by the Professional Risk Managers’ International Association (PRMIA), found lenders more bullish on the housing recovery than at any point in the last three years. Andrew Jennings, the chief analytics officer at FICO, said such a leap in lender sentiment represents good things for the housing market. Expectations among bank risk professionals for the relaxation of lending standards increased sharply in the first quarter, rising from 12.1 to 19.9 percent, according to the quarterly FICO/PRMIA survey.


Bank Lending Survey Results

  • 71% of respondents saying home prices are “rising at a sustainable pace”
  • 39% of respondents are expecting mortgage delinquencies to decrease over the next six months
  • 45% of respondents expect delinquencies to remain flat
  • 16% of respondents expect an increase
About Ashley Leigh

Ashley Leigh is one of the most successful real estate agents in the United States and founder of Linton Hall, Realtors®, the premier real estate company in Prince William County, Virginia. In his book Billion Dollar Agents, Steve Kantor featured Ashley for individually producing well over $2 Billion in career sales selling thousands of homes. Ashley Leigh's innovative marketing programs have been have been written about in Fortune magazine. Additionally, Ashley has been profiled in RISMedia’s Real Estate Magazine and Power Team Report and has been recognized by REALTOR Magazine as one of the Top Sales Agents in the U.S. The Wall Street Journal ranked Ashley as one of America’s Top 20 Realtors in the Nation for his sales production for several years. Connect with Ashley on Google+

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