08.11.2011 - Commercial real estate continues to weigh on banks
Commercial real-estate distress shows few signs of abating and continues to push U.S. banks to—or past—the brink of collapse. Troubled commercial real-estate loans accounted for more than 65% of problem loans among the 11 banks that failed in October. While the number of failures was up month over month in October, the percentage of troubled commercial real-estate loans was lower, as the six banks that failed in September saw an 82% percentage of commercial loans among all problem loans...............................................Full Article: Source
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