Wholesale funding and the increase in construction bank-owned real estate in the US financial crisis
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DOI: 10.1080/02723638.2016.1243187
Abstract: ABSTRACT The housing crisis left some metropolitan areas littered with partially constructed subdivisions and developments. Most of these failed developments were built by small construction firms reliant on small banks for finance. Failed construction projects… read more here.
Keywords: reo; construction; bank owned; wholesale funding ... See more keywords