Federal Reserve announces emergency meeting on auto lending regulations • Click for details

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Auto lenders put historic squeeze on underwriting standards, Fed says

JJ Hornblass

Auto lending hasn’t been this pressed in 15 years. According to the Federal Reserve, auto lending underwriting standards have not been as tight since 2005, before the credit crisis. The Fed disclosed the state of auto lending yesterday in its quarterly survey of senior lending executives. “For auto loans, major and significant net shares of […]

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