Bankers caught up on with their distressed multifamily assets in a big way in the final quarter of 2010. Q4 of 2010 saw a 19.25% reduction in total late and non-performing multifamily loans and REO. The total volume of distressed multifamily … [Read more...]
Updated Commercial REO and Non-Performing Loan Reports
February 7, 2011 By 1 Comment
The final quarter of 2010 saw an overall reduction of late and non-performing commercial real estate loans and Commercial REO (distressed bank assets) by about 2.3% or $1.43 Billion dollars.  The most significant improvement in conditions was … [Read more...]
Fourth Quarter Bank Reports Closing
January 31, 2011 By Leave a Comment
Today is the final day for filing call reports for the nation's banks. At the moment that I'm writing this we have 6,623 banks reporting for Q4 2010. The previous reporting period saw 7,094 banks report. While our data showed that we should … [Read more...]