Non Performing Loans, REO, and Contacts for Thousands of Banks
California banks reported a modest reduction in multifamily problems in the final quarter of 2009 over Q3 2009, but still reported nearly 80% more trouble overall than the same quarter in 2008. The final figures for the end of 2009 topped $1 Billion, … [Read more...]
US banks reported an increase in distressed mortgage and REO volume of nearly 10% over the previous quarter. Troubled real estate and distressed whole loans with banks now top $352 Billion, up from a little more than $320 Billion in the previous … [Read more...]
Members have been telling me they're eager to see the latest data from the banks, and we're eager to give it to you. So I thought I'd explain a bit about how and when we get our distressed loan and REO data so you know what to expect. Banks are … [Read more...]