SFA Research Corner: Lending Conditions, One Step Forward, and Jobs Data, Two Steps Back
Provided by Structured Finance Association
Banks’ willingness to lend and demand for loans drive securitization volume. The Federal Reserve’s April 2021 Senior Loan Officer Opinion Survey on Bank Lending Practices indicates that both of these measurements improved in the first quarter of 2021. Weak jobs data, if sustained, may pose a challenge to the return of the more favorable lending environment that characterized the pre-pandemic period.