Bad real estate loans from the boom years of the last decade have forced 412 FDIC-insured lenders to shutter their operations since 2008. No institution’s balance sheet has been fully insulated from the downturn in the real estate markets, but data released by the FDIC suggests those lenders who’ve survived thus far are now finding their way out of the storm.
Read more...FDIC’s 'Problem Bank List' Contracts for Second Consecutive Quarter
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.