Bank Executives See Strong Commercial Credit Environment At Mid-Year – MiBiz: West Michigan Business News | Jfk Loans

Lending to businesses remained strong through mid-year despite rising interest rates and economic uncertainty raising concerns about a possible recession, according to regional bank executives. Regional and local community banks, which reported quarterly earnings last month, generally posted good commercial lending growth for the April-June period after excluding Paycheck Protection Program loans originated and taken … Read more

FDIC promises closer scrutiny of banks’ commercial real estate loans – American Banker | Jfk Loans

The Federal Deposit Insurance Corp. plans to take a closer look at banks’ exposure to commercial real estate loans, citing uncertainty about the future of work and trade amid the COVID-19 pandemic. The agency said its examiners will pay particular attention to examining newer loans, as well as loans in subsectors and geographic areas that … Read more