In early August, four of the big financial regulatory agencies — Office of the Comptroller of the Currency, Treasury; Federal Deposit Insurance Corporation; and National Credit Union Administration — published
The Federal Reserve Publishes Policy on CRE Loan Accommodations and Workouts
Many in commercial real estate, especially relatively new to the industry and without extensive previous experience, are making use of leverage in ways that are problematic under the higher interest rates the Fed has instigated to head off inflation.
Erik Sherman
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