Banks continued to tighten their lending standards for the second consecutive year as the economy continues to deteriorate, according to a survey by the Office of Comptroller of the Currency released Tuesday.

In the OCC's 15th annual underwriting survey, bank examiners found that underwriting standards tightened in 86% of the largest 59 banks surveyed. That is up from 52% of banks that reported tightening standards in 2008.

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