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And it has vastly expanded the amount of lending as well.
According to Bernanke, no amount of lending from the Fed would have stemmed this panic.
The Bank had already taken steps in June to recommend that lenders restrict the amount of lending to borrowers asking for loans of above 4.5 times their income.
The central bank said it would trim the amount of lending through the Term Auction Facility, a loan program under which banks bid for short-term loans.
Experts say it needs to focus on giving grants to very poor countries, and scale down the amount of lending to middle-income countries.
During the first three-quarters of this year, $27 billion was raised, about 10% of the total amount of lending channelled through banks.
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We assessed key characteristics of each type of Changkar (including lending source, amount of loan, lending period, lending conditions, interest rate, purposes of loan, and mode of repayment), their advantages and disadvantages, and their frequency of use for health care.
Regional and community banks process a large volume of SBA-backed loans, and according to recent figures released by the agency, the current fiscal year has already seen a record amount of SBA lending.
This amounted to a transfer of lending risk out the banking sector and into the investor class.
The amount of money lent to borrowers to buy properties was at its highest for eight months in June, according to the mortgage lending figures from banks and building societies.
That mortgage -- called an underlying mortgage -- is for a specific amount of money lent over a specific period of time, with interest.
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