14.03.2012 - US banks to release $100bln in property loans onto market – E&Y
Debt investors are optimistic that banks will "strategically sell" at least some of the $100bn (€76.2bn) in property-related loans currently on their books in 2012, according to Ernst & Young's annual survey of investors in US non-performing loans (NPLs). Up to now, despite near-constant forecasts of an imminent flood of loans onto the market, banks have sold only a small percentage of their NPLs as they waited for a market rebound...............................................Full Article: Source
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