Lenders are moving quickly to restructure commercial loans under controversial new guidelines...
Lenders are moving quickly to restructure commercial loans under controversial new guidelines that give them more favorable regulatory treatment. Sources say Citigroup (C), Whitney (WTNY) and others are reviewing nonperforming loans to determine if they qualify for reclassification. The new guidelines will apply to $110-130B of the $550B or so of underwater CRE loans.
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