Non Performing Loans, REO, and Contacts for Thousands of Banks
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Recently I was asked if we could provide some indicators on the bank records that would show whether or not a bank is 'distressed'. Today I found this cool chart that someone assembled and posted with Q3 'Texas Ratios'. The Texas ratio is a measure … [Read more...]
Late and non-performing construction loans as well as construction REO jumped again. But before I get into that we have two announcements. First, we are now reporting distressed construction loans and construction reo different than we have in … [Read more...]
As we drive deeper into the second quarter of 2010, 57 banks have been closed throughout the United State during the calendar year by the Federal Deposit Insurance Corporation (FDIC) and the office of the comptroller of the currency. Assessing the … [Read more...]