Banks Report $5B In Non-Accrual HELOCs As House Prices Plummet
Overall residential mortgage loans appear to have continually improved in performance over the past two years. Still, banks are holding tens of billions of dollars
Overall residential mortgage loans appear to have continually improved in performance over the past two years. Still, banks are holding tens of billions of dollars
The National Credit Union Administration (NCUA) made some significant changes in 2022 to how credit unions complete the industry’s quarterly call report, and the BankProspector software
The National Credit Union Administration (NCUA) rolled out some big changes to how federally insured credit unions complete the quarterly 5300 Call Report form. Here’s
While total distressed multifamily loans appear to be shrinking, or at least snapped up faster than they can accumulate, banks are reporting they had over
The total volume of commercial mortgage loan defaults appears to have hit the lowest points since the beginning of the COVID pandemic. Banks are reporting
While the overall pool of non-performing residential mortgage loans appears to have declined since at least Q4 2021, banks still hold almost $50B in distressed
Banks are reporting they have almost $2B in multifamily mortgage loans in some form of distress. This pool has declined slightly from the recent high
Commercial REO and defaults on non-owner occupied CRE mortgage loans appear to be on the rise. Banks reported a small uptick in distressed CRE loans
While the total pool of non-performing residential mortgage loans appears to have declined slightly in 2022, REOs appear to be on the rise. Still, during
Banks are reporting they have around $2.4B in multifamily mortgage loans in some form of distress. This pool has shrunk slightly from the high of
Commercial non-performing mortgage loans seemed to have continued to decline in volume since peaking in Q4 2020. The one big difference in this sector from
While the total volume of non-performing residential mortgage loans only rose slightly in the final quarter of 2021, there is still a substantial pool of