FILE PHOTO: People walk by an unoccupied commercial real estate business for sale in downtown Superior, Wisconsin, United States, May 27, 2015. REUTERS/Jim Young/File Photo
The U.S. Federal Reserve’s quarterly survey of senior loan officers also showed banks were taking steps to curb potential losses from loans to firms that are exposed to the risks of economic trouble in Asia and Europe, the Fed said. “A moderate net fraction of banks reported that they expect the quality of loans to exposed firms to deteriorate,” the Fed said.
Source: Loan Digest (loandigest.net)
The economy is still strong and real estate is still a great investment
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