The Mortgage Lending Sentiment Survey asks mortgage lending partners, both depository institutions and mortgage banks, to compare the current lending standards at the partner’s institution relative to those that prevailed one year ago, the end of 2013. As Figure 2 below depicts, a net share of 3% of mortgage lenders, both depository institutions and mortgage banks, reported that lending standards at the end of 2014 where tighter compared with 2013. The net share is calculated as the difference between the percentage of banks that reported easier lending standards and the proportion of banks reporting that lending standards had tightened. According to the chart, the net tightness in lending standards across all mortgage lending institutions reflects still tight standards at depository institutions. A net portion of 14% of depository institutions reported that lending standards had tightened over the past year. In contrast, a net of 17% of mortgage banks reported that lending standards at their institution had eased in the past year.