Search Results

May 01, 2019  

Banks' Bad-Debt Total Shrinks to New Low

Large U.S. banks continued chipping away at the distressed loans on their books last year, reducing them to a mere 0.4% of their outstanding commercial mortgages.The 350 U.S. banks with the largest commercial real estate holdings had $7 billion of nonperforming debt in their portfolios at yearend, according to regulatory data compiled by Trepp Bank Navigator. That was down 4% from a year earlier.Meanwhile, the same banks cut their holdings of...

This article is free to subscribers of Real Estate Alert. If you are a subscriber, please sign in.

If you are not a subscriber, please complete the form below to purchase the article for $19.95.
First Name *
Last Name *
E-mail *
Card Number *
Expiration *
Card Code *
Address *
City *
State/Province *
Zip/Postal Code *

Purchase Article