This edition features trends from material loss reviews and an in-depth review of assessing structured investments in the current economic environment.
Throughout 2009, more than 140 financial institutions have failed across the United States. Many of these banking companies had heavy concentrations in commercial real estate, specifically acquisition, development and construction loans. The Material Loss Reviews conducted after the closing of the supervised banking entities by the respective regulatory agency's Inspector General identified a number of causes for the closures of these banking firms. Detailed in this article are some of the key themes highlighted in a sampling of the material loss reviews for companies previously operating in the Southeastern United States.
Supervision, Regulation & Credit