Saturday, November 27, 2010

Real Estate Loan Problems are Significant in Half of All Banks

And the total number of all banks is now fewer than 7800 due to mergers and failures, according to Richard Suttmeier of ValuEngine.com:

The total number of banks with real estate loan pipeline problems is 3938, or 50.7% of all banks in the banking system.

Read more about it, here.

Everything else is happy talk.