naturalgasbad@lemmy.ca to

World News · 9 months ago

Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

123

Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

naturalgasbad@lemmy.ca to

World News · 9 months ago

Troubled commercial real estate loans outstrip reserves at top US banks

www.businessinsider.com

The volume of delinquent commercial mortgages held by US banks soared to $24.3 billion last year, up from $11.2 billion in 2022.

Chat

Postreader2814@lemm.ee
link
fedilink
arrow-up
1·
9 months ago
Depends on who takes the loans. Big banks and the 1%, bailout. Us, recession/depression incoming.

World News

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !worldnews@lemmy.ml

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

319 users / day
1.91K users / week
5.58K users / month
15K users / 6 months
6.41K local subscribers
32.4K subscribers
14.7K Posts
135K Comments
Modlog