Banks see delinquent loans rise 23.8% Premium Content

FDIC says reserves not keeping pace

Inman News®

Banks and savings institutions are boosting reserves and loan loss provisions at a pace not seen in decades, but the increases aren't keeping up with a sharp rise in delinquent loans -- particularly mortgages -- federal regulators warned in a report today.

more...

To view this premium content sign in to your Premium Membership Premium Member account.

Premium Membership Premium Members have full access to all news archives & premium content.

Purchase Professional Membership for $199/year OR
Premium+ Membership for $149/year OR
News Membership for $69/year

Buy Now

Share with REmessenger