JUST IN: Nearly 700 US banks now exceed the 2006 Commercial Real Estate (CRE) loan concentration guidance.
— The Kobeissi Letter (@KobeissiLetter) September 26, 2023
What is the CRE loan concentration guidance?
It's guidance by the FDIC for the amount of exposure that small banks should have to CRE loans.
Currently, small banks hold… pic.twitter.com/ZYCcDLy45o
Interesting
https://www.cjr.org/business_of_news/digital-media-survival-guide.php?mc_cid=374573924a&mc_eid=0f65e546c8