Posted in May 2011

Would You Pay Your Bank To Not Make You a Loan?

Currently there are about $1.2 trillion in “excess reserves” in the banking system, an amount held by banks above and beyond their reserve requirements (needed to “back up” their existing customer checking account balances.) Commercial banks are free to lend it out to their customers however most banks keep their excess reserves parked at the … Continue reading

CMBS 2.0 Experiences 1st Delinquency

By Adam Tempkin NEW YORK, April 21 (IFR) – The new post-crisis generation of CMBS, which started in late 2009 and was dubbed CMBS 2.0, just experienced its first delinquency, according to researchers at RBS. A US$5.2 million loan on the U.S. Geological Survey Regional Headquarters, an Austin, Texas office property securitized in the US$1.1 … Continue reading