Alex Jones is LIVE taking your calls and covering major political, economic, and tectonic news globalists DO NOT want you to hear! Legendary broadcast starts NOW!
It's safe to say that today's economic lending environment has contributed to an enhanced need for creative financing unlike anything seen since the 2008 depression. Commercial real estate (CRE) owners and investors have been seeking out secondary lending sources as banks continue to pull back on lending. That scenario, fueled by continued interest rate hikes by the Federal Reserve, has caused banks to clamp down on CRE underwriting, with many properties, like office buildings, in financial peri
Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding risks and weaker profitability. Moody's cut the ratings of 10 banks by one notch and placed six banking giants, including Bank of New York Mellon, US Bancorp, State Street and Truist Financial on review for potential downgrades. "Many banks' second-quarter results showed growing profitability pressures that will reduce their ability to generate internal capital," Moody's said in a note.
Moody's cut credit ratings of several small to mid-sized U.S. banks on Monday and said it may downgrade some of the nation's biggest lenders, warning that the sector's credit strength will likely be tested by funding risks and weaker profitability. Moody's cut the ratings of 10 banks by one notch and placed six banking giants, including Bank of New York Mellon, US Bancorp, State Street and Truist Financial on review for potential downgrades. "Many banks' second-quarter results showed growing profitability pressures that will reduce their ability to generate internal capital," Moody's said in a note.