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More Failed Banks and Office Building Demolitions Likely Before Real Estate Problems End‚ Warn Two Federal Agencies
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More Failed Banks and Office Building Demolitions Likely Before Real Estate Problems End‚ Warn Two Federal Agencies

by Pam Martens and Russ Martens‚ Wall St On Parade: Federal banking oversight agencies are in agreement: U.S. banks are facing a potential tsunami of problems with commercial real estate loans in the office space sector. Last June 1‚ the Office of Financial Research (OFR)‚ (the agency created under the Dodd-Frank financial reform legislation of […]
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