Standards on CRE Loans Tighten, Demand Weakens

By Michael Neal Results from the most recent iteration of the Federal Reserve Board’s Senior Loan Officer Opinion Survey (SLOOS), covering the first quarter of 2017, indicates that demand for both multifamily and construction and land development loans continued to weaken while lending standards on these loans continued to tighten. Construction and land development loans include both residential construction loans, about 20 percent,… Read More ›

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About Michael Neal

Michael Neal
Michael Neal is a Senior Economist at the National Association of Home Builders based in Washington D.C. In this capacity, Mr. Neal’s research involves monitoring housing finance issues that impact the U.S. housing market. As a housing economist, Mr. Neal has provided expert analysis and commentary on housing to media outlets around the country. Prior to joining NAHB, Michael worked at the Congress’ Joint Economic Committee, the Federal Reserve, the Congressional Budget Office and Goldman Sachs. He holds a B.A. degree in Economics from Morehouse College, an M.P.A. from the University of Pennsylvania.

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