About $929 billion commercial mortgages will come due this year
U.S. office prices could drop 30% as remote- and hybrid-work culture continues
Source: fortune.com
Page 2 - Michael Imerman News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Michael Imerman. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Michael Imerman Today - Breaking & Trending Today
Janet Yellen is 'concerned' and sees a 'lot of stress' ahead for commercial real estate as wave of giant loans come due this year
“Commercial real estate is an area that we’ve long been aware could create financial stability risks or losses,” Yellen told lawmakers.
Source: yahoo.com
Janet Yellen is 'concerned' and sees a 'lot of stress' ahead for commercial real estate
“Commercial real estate is an area that we’ve long been aware could create financial stability risks or losses,” Yellen told lawmakers.
Source: fortune.com
Fed chair Jerome Powell says commercial real estate's impact on banking has just begun
“It feels like a problem we'll be working on for years,” he told CBS's "60 Minutes."
Source: fortune.com
Social Media Is a Threat to the World's Banks
The finance sector is adjusting to a world where a single tweet can trigger a catastrophic bank run.
Source: foreignpolicy.com