Conference Call Highlights: Bank Investors Should Worry about Private Homebuilders [View article]
There is a consensus of sorts that banks will face another $trillion of losses after already writing down the same amount.
Builders and developers are part of this mix and I know of several banks that are calling in real estate development loans that are current, suggesting they wants the assets off the books before they deteriorate further.
Conference Call Highlights: Bank Investors Should Worry about Private Homebuilders [View article]
Builders and developers are part of this mix and I know of several banks that are calling in real estate development loans that are current, suggesting they wants the assets off the books before they deteriorate further.