commercial delinquencies: Commercial Loan Delinquenices In Chicago Slightly Improve - 08/24/12 02:27 AM
Some good news from the commercial real estate market.  The percentage of delinquent commercial properties held by banks has decreased in the last two years, according to Trepp LLC, a research firm out of New York.
In Chicago, the delinquency rate dropped 0.06% in the second quarter compared to the first and is an improvement of 0.08% from a year ago.  Despite the modestly positive news, it is still a long way from the 2% delinquency rates that held steady before the recession, and is also 2.2% higher than the national average.
During the recession when spending in the nation declined, … (0 comments)

commercial delinquencies: Bank Failures Slowing Down - 07/23/12 10:01 AM
Based on recent data from the FDIC, as well as anecdotal evidence from bankers in Chicago and northern Illinois who have been subjected to the OCC and FDIC bank audits, it does seem that although the United States banking system is not out of the woods yet, the banking system continues to heal.

Based on the above chart from the FDIC, the general trend is downward, albeit slowly.
So, in about 3 years, provided the commercial delinquencies don't cause brand-new spiking lines on the graph, these red lines of failure should be all but about gone.
That is provided of … (0 comments)