Banks are already back to their old ways of relaxing standards to win a bigger share of the lending market. Both terms and interest rates are turning out to be very flexible, just as they were into the subprime mortgage crisis.

Bank lobbying is back, not that it was ever truly gone, but it’s back in a steadily bigger variety as the months go by. The unhidden goal is to undue big parts of the Dodd-Frank financial overhaul of 2010, so banks are buying up lawmakers for that purpose. Read more…