Fannie Mae’s writers use the word “stable” repeatedly to
describe many of the findings from its fourth quarter 2014 Mortgage Lender
Sentiment Survey, especially where the senior executives completing the
questionnaire detailed their operational expectations.
survey found fewer lenders reporting tightened credit standards. Thirteen
percent of respondents said their standards had tightened for GSE eligible
loans compared to 28 percent in the first quarter of 2014. More lenders reported their institutions had
loosened standards for non-GSE-eligible loans than reported tightening them,
the second consecutive quarter this pattern has prevailed.