Banks
Fearing Losses, Banks Are Quietly Dumping Real Estate Loans
Miami, Florida – Banks are quietly offloading real estate loans in an effort to mitigate potential losses as clouds gather over the financial sector. With interest rates remaining high, there is growing concern over the risks faced by lenders with substantial portfolios of commercial loans. According to a recent survey by Florida Atlantic University, the ballooning amount of $141 billion in commercial real estate losses is looming over banks. Despite the significant figure, experts believe …