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Loose credit |
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Loose credit Policy by the Federal Reserve Board to make loans less expensive and more available by reducing interest rates through market operations. |
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? Mentioned in | ? References in periodicals archive | |
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| Foreclosure activity in California is expected to rise next year from record-low levels as home sales soften, price increases moderate and homeowners cope with debt amassed through loose credit, analysts said Monday. Over the past several years--thanks in large measure to the Federal Reserve's loose credit policies--the housing market has undergone a spectacular boom as millions of Americans have become first-time homebuyers. Given the abundance of capital still available, and the current loose credit environment, Fitch believes the packaging sector remains a likely hunting ground for buyouts or other private investors looking to take ownership stakes. |
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Loose credit