Loan officers are battening down the hatches preparing for the financial storm which wouldn't be coming if the economy was heading for a soft landing. As credit dries up, the job cuts get amped up.
Lending standards are already being tightened in a way we don't see outside of a serious recession. Loan officers are battening down the hatches preparing for the financial storm which wouldn't be coming if the economy was heading for a soft landing. As credit dries up, the job cuts get amped up.
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