Loosening credit requirements is one of the indicators that the housing crisis could end this year. While lending requirements (i.e. average 700 credit score) are still higher than before the crisis, they are consistent with the previous 3 quarters.
Also, Banks are now lending 3.5 times borrower earnings, versus 3.2 times at it's lowest.
The clearest example is the loan-to-value ratio which is now at 82 percent compared to 2010 when it was 74 percent.
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