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Banks fail to absorb commercial real estate loan losses

Posted Oct 8th 2009 1:40PM by Connie Madon (RSS feed)
Filed under: Forecasts, Management, Industry, Market Matters, Federal Reserve

Remember the havoc in the financial markets when the residential bubble burst last year? Are we in for a rerun this year or next year?

You are probably thinking that such an event could not occur. Well think again. There is a report that says that we may be in for another crisis.

The report was initiated by Federal Reserve analyst, K.C. Conway. Conway is a senior real estate analyst at the Federal Reserve Bank of Atlanta. The Federal Reserve has acknowledged the report but said that it is not part of its formal opinion. What does the report say?

Continue reading Banks fail to absorb commercial real estate loan losses

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