Wednesday, February 29, 2012

Banking System Asset Quality

The FDIC released its quarterly report on the banking system earlier this week.  It showed that the banking system has healed substantially from an asset quality standpoint.  The major exception are real estate loans, which are still ~6% non-current.  Until these issues are totally resolved it's tough to see how the housing market will be able to make a sustained comeback.


No comments:

Post a Comment

For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.