Free Email Mini Course: How to Find & Qualify Banks With Distressed Assets

Using free public data you'll learn how to:
  • See what any bank has for non performing loans and REO
  • See which banks are selling non performing loans
  • See what asset types a bank is preparing to sell
  • Learn how to estimate potential deal size ... and more

Actionable instruction, no SPAM, no B.S. guaranteed.

FREE 14 Day Email Mini Course

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This free course is going away soon so get it now.

Where’s the Bank Data?

low-data-bankprospector

Fourth quarter bank data for 2010 is now uploading to the BankProspector database. Paid members who log in today will find that the number of banks reporting will be dramatically different from the number available a few days ago. The way the system … [Read more...]

US Banks Multifamily REO Report

Distressed multifamily balances increased at the nation’s banks in the 3rd quarter of 2010. Multifamily property is defined as having 5+ residential units. Six hundred and sixty three (663) banks are reporting multifamily OREO balances for a … [Read more...]

Commercial Real Estate Problems Increase at US Banks

Commercial REO Report

Q1 2010 CRE OREO and Non-Performing Loans Commercial real estate problems at US banks soared by 10.6% in the first quarter of 2010 over Q4 2009. Commercial real estate loans being reported as 30-89 days late increased 16.3% indicating that the … [Read more...]