Citibank is altering its lending rules and procedures in hopes of cutting its loan losses.

She said such a shift in prices would eventually be likely to persuade voters and Congress to heed the home builders' call for more liberal lending rules.

The third is the US govt's insistence in the early 90s that mortgage lenders lower their lending criteria to include people who wouldn't normally satisfy banks' lending rules.

Earlier this month, the Bank of England predicted that lenders would increase their mortgage ranges further, but cautioned that this would be offset by tougher lending rules.

But in 2001, an agreement between Italy and the United States - called a memorandum of understanding - put pressure on Italy to open up its lending rules.

Expats are just one group of victims affected by the tighter lending rules being applied by banks and building societies in Britain.

The effect on the banking industry may be limited by relatively strict German lending rules, which say that mortgage loans can cover no more than 60 percent of a property's value.

As the banks and Federal officials consider new lending rules, campaigns are already expecting greater difficulty in securing loans.

There is no evidence that there were ever any lending rules.

Moreover, the Mortgage Credit Act establishes strict lending rules which differ depending on the type of property financed.