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Bankers urge easing hold on real estate loan rules
Bank and S&L executives at the thrift industry's 98th annual convention say regulators overreact to the crisis and risk deepening the housing downturn. They advocate letting institutions absorb losses over years and easing lending rules, citing shortages of credit in New England and broader impacts on commercial and home lending.
MENTIONED IN THIS ARTICLE
San Francisco
Bank
S&l
New England
mid-Atlantic
Florida
California
S&ls
U.S League of Savings Institutions
Kenneth T. Rosen
University of California- Berkeley
Ri. Ghvocu
Dahge
Buch
Treasury Department
Financial Institution
Anthony Downs
Brookings Institution
Washington
Donald Shackelford
Columbus
Ohio
League
Rosen
Lynn Michaelis
Weyerhauser Company