Operation HOPE

Chairman of Federal Reserve Board Ben Bernanke speaks during a news conference Sept. 13, 2012 in Washington, D.C. (credit: Alex Wong/Getty Images)

Bernanke: Banks’ Overly Tight Lending Standards May Be Hold Back Economy

Federal Reserve Chairman Ben Bernanke said Thursday that banks’ overly tight lending standards may be holding back the U.S. economy by preventing creditworthy borrowers from buying homes.