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Lenders Weigh In on Economy; Question TARP?s Ability to Boost Lending

By KELLY CURRAN

A mere three percent of lenders believe that TARP will have a “meaningful” impact on their lending practices, according to Phoenix Management’s “Lending Climate in America” survey, released Thursday. Fifty-five percent of respondents opined that the TARP would have a “modest impact” on lending. Thirty-six percent believe the TARP will have “minimal impact”, while the [...]

Full post as published by Housing Wire on February 05, 2009 (boomark / email).