The latest weekly read of “Total loans and Leases of all Commercial Banks” indicates that banks are pulling back lending at the fastest pace on record with total loans and leases declining 8.55% on an annual basis.
U.S. government securities at all commercial banks, on the other hand, are booming increasing 13.45% on a year-over-year...
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Commercial banks are pulling back lending at the fastest pace on record
US debt crisis and future currency meltdown is coming
The US Federal deficit will lead to a debt crisis and future currency meltdown of Biblical proportions according to financial and investment expert Martin D. Weiss, PhD
In February alone, the official U.S. federal deficit was a monstrous $221 billion, far greater than anything we have ever experienced in history.
The U.S. Treasury is borrowing money...
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Maryland minority and women business owners at a disadvantage to accessing bank loans
Bank loans are vital for minority and women business owners to grow and, for many, represent the only option for funding
At the launch of the Minority Business University initiative recently in Greenbelt, Maryland, minority and women business owners, as well as members of the O’Malley administration, expressed frustration at their inability to secure loans....
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Only strongest developers and commercial property investors will survive 2010
Commercial real estate prices are expected to hit bottom in 2010 creating the biggest challenges the sector has seen in generations
That means for certain players there will also be huge opportunities.
It will be a year marked by the survival of the fittest – only the strongest developers and investors will be left standing. That...
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Commercial mortgage defaults doubled in Q3
The commercial mortgage default rate on loans held by U.S. banks more than doubled to 3.4 percent
As vacancies rose and rents declined, defaults climbed from 1.37 percent a year earlier and from 2.88 percent in the second quarter, the New York-based property research firm said today in a report. Default rates in the first...
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Witchita commercial real estate market will be rocky in 2010
The business jet downturn will continue to weigh heavily on Wichita’s commercial market, a local economist and a National Association of Realtors economist said recently
“In our market, we’ve got two things affecting commercial real estate and one is just fundamentals,” said Stan Longhofer, director of Wichita State’s Center for Real Estate.
“Businesses need expansion for...
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