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US banks signal mounting concern over real estate lending

IMG Auteur

USA Gold

Published : September 09th, 2020

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Category : Coins dealers headline


	Financial Times/Robert Armstrong/9-7-2020 “US banks are increasingly worried about being repaid on loans secured against commercial property, as offices, malls and hotels continue to stand empty. The darkening outlook of banks is laid bare by disclosures on so-called criticised loans, which are flashing warning signals about a borrower’s ability to pay.” USAGOLD note: The problem with so much of the economy being stressed to the max is that a major dislocation can strike in any one of many places – commercial real estate included (and it’s a big one.)

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