California Banks Distressed Multifamily Report

California-Multifamily-Q42009

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...]

REO and Non-Performing Loan Totals Increase 9.9% at US Banks

Q4-US-Totals

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...]

REO and Nonperforming Loan Information Improved in BankProspector 2.0

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...]