Thursday, July 7, 2011

June bank failures driven by CRE exposure

Commercial real estate exposure contributed heavily to the nation's four bank failures last month, data analytics firm Trepp said Thursday.
June's failed-bank tally was the second-lowest monthly count in the past year, according to Trepp, which has more than 1,000 banks on its watch list, with 250 at a high risk of failure.
Among the four institutions [...]

Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/LWgUlAgMxZ4/june-bank-failures-driven-by-cre-exposure-2

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