Results 1 to 1 of 1
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
Hybrid View
-
08-05-2010, 04:10 PM #1
- Join Date
- May 2007
- Location
- South West Florida (Behind friendly lines but still in Occupied Territory)
- Posts
- 117,696
IMF Warns U.S. Real Estate Could Bring Banking Crisis 2.0
IMF Warns U.S. Real Estate Sectors Could Bring Banking Crisis 2.0
Housing-Market / US Housing
Aug 05, 2010 - 02:44 AM
By: Dian_L_Chu
The International Monetary Fund (IMF) stress tested 53 large banking holding companies and published its findings last month. The report concluded that despite restoration of some stability, there remain certain important risks to the U.S. financial system and economy mainly coming from the real estate sectors:
Further increases in nonperforming loans due to high unemployment rate and significant weakness in the real estate sectors
Credit quality in the commercial real estate (CRE) sector - About $1.4 trillion of CRE loans will mature in 2010–14, nearly half of which are 90 days or more past due or “underwater.â€Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
Democratic town furious over migrant shelter opening in...
05-19-2024, 09:31 AM in illegal immigration News Stories & Reports