Banks' net interest margins plummet; poor business loan performance pushes up delinquency and charge-off rates.
Business loan standards are tightening because of the uncertain economic outlook, worsening of industry-specific problems, and reduced tolerance for risk.
The number of financial institutions on the FDIC’s “problem list” fell to the lowest level in more than seven years.
The number of special-purpose vehicles owned by real estate investment trusts has been growing rapidly since the summer of 2013.
Tighter spreads, lower credit line fees, fewer interest-rate floors, looser covenants — banks continue to ease terms to build their business loan books.
