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OCC Is Warry Of CRE Loans.
Washington -- The Comptroller of the Currency is warning national banks to size up their commercial real estate portfolios before his examiners start knocking on their doors.
Examiners are going to be taking a hard look at CRE portfolios, comptroller John Dugan said, and particularly at community banks with high concentrations of residential construction and development loans in declining markets.
In a speech to the Florida Bankers Association, the comptroller also warned that he expects to see more bank failures this year.
"There will be more criticized assets, increases to loan loss reserves and more problem banks. And yes, there will be an increase in bank failures," Mr. Dugan said.
The comptroller noted that ...
- OCC Is Warry Of CRE Loans.
- News wire article from: Mortgage Line March 17, 2008 700+ words
...development loans in declining markets. In a speech to the Florida Bankers Association, the comptroller also warned that he expects...commercial banks have tightened the lending standards on CRE loans since October. (c) 2008 Mortgage Servicing News and SourceMedia...
- Banks Making More CRE Loans.(Commercial real estate loans)(Brief Article)
- Magazine article from: Origination News March 1, 2004 700+ words
...the Federal Reserve's survey of senior loan officers. About 20% of the banks reported they have increased the size of the CRE loans they are making, and 13% said they have extended the maturities of the loans. Copyright 2004 Thomson Media Inc. All Rights...
- A Matter of Maturity; CRE loans held in portfolios are more at risk than...
- Magazine article from: US Banker Landy, Heather July 1, 2009 700+ words
...year loans to help mitigate defaults. According to Federal Deposit Insurance Corp. data, banks have about $1 trillion of CRE loans on their books, an amount equal to about half of all outstanding commercial mortgages maturing sometime between now and 2018...
- CRE Loans Pressured?
- News wire article from: Mortgage Line August 18, 2008 700+ words
CHICAGO -- Cambridge Realty Capital Cos. here said the impact of the credit crisis is beginning to be more noticeable in the number of loan origination requests it reviews and tallies on a monthly basis. In June, Cambridge processed 22 loan origination requests for loans totaling $250.8 million.
- Mortgage Bankers: CRE Loans Have Grown.(Brief Article)(Statistical Data...
- Magazine article from: Origination News Thangavelu, Poonkulali February 1, 2002 700+ words
Mortgage bankers originated $18.7 billion in commercial and multifamily real estate loans during the third quarter, up slightly from the second-quarter origination figure of $17.7 billion, the Mortgage Bankers Association has reported. Originations for the third quarter of 2000 were at $14.1
- Strong Economy Keeps CRE Loans Out of Trouble.
- News wire article from: Mortgage Line Thangavelu, Poonkulali January 8, 2008 700+ words
At the end of the third quarter, the commercial real estate sector continues to hold up well, even as the residential real estate side continues to be impacted by the aftereffects of imprudent subprime lending practices. The good commercial real estate performance is largely due to a fundamentally
- Principal Eyes Small CRE Loans.
- Magazine article from: National Mortgage News August 13, 2007 700+ words
DES MOINES -- Principal Real Estate Investors, the Dallas-based real estate lending affiliate of Principal Financial Group here, has entered the small-balance commercial mortgage loan niche with a program called Principal Commercial Mortgage Edge. PREI will originate, securitize and service
- LOOPNET TO OFFER CRE LOANS ONLINE.(Internet/Web/Online Service...
- Magazine article from: National Mortgage News April 10, 2000 700+ words
SAN FRANCISCO--LoopNet Inc., an online commercial real estate marketplace (www.LoopNet.com), will be offering hybrid and floating rate commercial loan programs through its Internet-based loan origination system, LoopLender, in partnership with Archon Financial and Fidelity Federal Bank. The hybrid
Source: HighBeam Research, OCC Is Warry Of CRE Loans.