US DATA: July Sr Loan Officer Survey taken Jul 12-26 says banks
continued to ease lending standards and most terms on all major types of
loans other than loans secured by real estate over Q2. Modest net
fractions of respondents noted an increase in demand for C&I and CRE
loans; banks reported slightly weaker demand for some res real estate
loans. In response to a special Q, most banks said they expected
originations of residential real estate loans in H2:11 to be about the
same as H1. Significant fraction said current lending standards were
tighter than the middle of its recent historical range, though the
reported degrees of tightness varied noticeably. Domestic banks further
eased standards on C&I loans to firms of all sizes over the past three
months. The net fraction of banks that reported easing on loans to
smaller firms remained relatively low and below the net fraction that
reportedly eased for large and middle-market firms.