FDIC: CRE Credit Conditions Remained ‘Relatively Stable’ during Pandemic Downturn
While the total amount of commercial real estate loans held by banks has grown, individual institutions’ holdings of CRE loans ...
Tag: Commercial lending
ARRC Recommends SOFR Fallbacks for 1-Week, 2-Month Libor Contracts
As required by state laws passed in New York and Alabama, the Alternative Reference Rates Committee published a statement today ...
Refinitiv Publishes USD IBOR Fallback Rates
Refinitiv, the Alternate Reference Committee’s chosen provider to publish fallback rates for cash products based on the Secured Overnight Financing ...
CFTC Seeks Feedback on Swap Clearing Requirement as Libor Transition Looms
With certain tenors of Libor set to sunset at the end of 2021, the Commodity Futures Trading Commission has issued ...
ABA Data Bank: Ag Loan Delinquencies Decreased in 2021
Credit quality for both loans secured by farmland and agricultural production loans improved in 2021, ag lenders reported in the ...
ABA Survey: Ag Borrower Profitability Increased in 2021
A majority of ag lenders—69.7%—reported that overall farm profitability increased in the prior year, due in large part to government ...
ABA, Trade Groups Call for Legislation to Address ‘Tough Legacy’ Contracts
With several tenors of Libor scheduled to sunset at the end of the year and the remainder in June 2023, ...
OCC’s Hsu: Regulators See No Future for ‘Zombie’ Libor
With several tenors of Libor scheduled to sunset at year-end, Acting Comptroller of the Currency Michael Hsu today emphasized that ...
ARRC Recommends Slowing Use of Libor to Ease Transition
The Alternative Reference Rates Committee today recommended that all market participants slow their use of Libor over the next six ...
Quarles: Lenders Need to ‘Pick up the Pace’ on Libor Transition
Lenders need to “pick up the pace” to be ready for the year-end change away from Libor to alternative reference ...
