Credit is tightening, but there is a fine line between tighter credit and a so-called credit crunch.

As the housing mortgage industry reevaluates creditworthiness, some players and markets are shrinking, while others see opportunity.

Tighter credit in the district may be adding to the woes of auto dealers.

Remarks at Fordham University's Gabelli School of Business, Bronx, New York.

Remarks before the Bronx Chamber of Commerce at the New York Botanical Garden, Bronx, New York.

Remarks at the University at Albany, Albany, New York.

Remarks at the Quarterly Regional Economic Press Briefing, New York City.

U.S. households accumulated record-high levels of debt in the 2000s and then began a process of deleveraging following the Great Recession and financial crisis. However, the magnitude of these swings in the use of credit varied considerably within the United States. An analysis of trends in...