Non Performing Loans, REO, and Contacts for Thousands of Banks
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...]
Five banks were shuttered on Friday. It's funny (sort of) that this has now become such a common Friday night occurrence that there is very little coverage of the events on Monday morning. A Google search this morning revealed fewer than a handful of … [Read more...]
We've had an opportunity to go through most of the bank data released over Thanksgiving week. The 309 (bank mergers and acquisitions are reducing the numbers of reporting institutions) New England Based banks are reporting an increase in multifamily, … [Read more...]