Trepp released a report on bank loan delinquencies for 2Q11 ahead of the final Federal Deposit Insurance Corp. (FDIC) figures.
In the report, Trepp said it anticipates improvements in the bank loan delinquency rates for 2Q11 for all loan categories including residential mortgages, construction loans, commercial mortgages, and commercial and industrial loans.
“Our detailed research through earnings reports and call report filings from smaller banks indicates that the recovery that began in mid-2010 has resumed, after stalling in the first quarter,” said Matt Anderson, a managing director at Trepp. “These results suggest that banks have stepped up efforts to shed problem commercial real estate loans.”
