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My prediction: the Fed will cut 25bps in Dec or Jan and pause til mid 2026. Second half 2026 going to see 100bps fast right for midterms.
Community Banker Guy
3,837 posts
Community Banker Guy
@commbankerguy
Community Banker sharing insights and dropping jokes. Surviving this Fintech universe.
Joined April 2022
- Young people can be so disappointing. We had a lender in his 30’s that we transitioned from analyst to loan officer. Gave him raises along the way. Has booked minimal deals for 18 months so on Friday we wanted him to go back to splitting analyst/lender duties and take back raise
- My goodness the realtors are crying. Heard another one today. Do they really think we feel sorry for them for taking 6% of the entire housing market for filling out a form??
- Credit problems are bubbling up to surface. I see them in our book and I’m hearing about them more and more. Q4 going to get interesting.
- You get mortgage rates to under 6.5%, real estate prices will absolutely explode.
- The Fed is beginning to call banks with CRE concentrations INCLUDING Owner Occupied portions. The game is changing.
- Replying to @TicTocTickNow try $5,000-$10,000 fixed fee at most. % of the sale should be rejected by everyone.
- How do you evaluate if your bank is high risk for a bank run?? 1) Look at on balance sheet cash as a % of assets or deposits. below 3%,🚩 2) Look at unrealized loss in bond portfolio as a % of tangible capital. If tangible cap is under 4% after mark, 🚩 3) Look to see if
- Replying to @chrisderoseWe were. However getting demoted and still making six figures and you quit, that’s just ridiculous. No fight in young people when it doesn’t go their way
- The S&P is down 1% for the year and everyone is acting like the world is ending. We are literally alcoholics getting sober from the bloated spending addiction.
- Over the weekend, I became a first time dad to a baby boy. He’s coming home tomorrow. Life is good.
- Last month, we had a decent month in mortgage and most were refinances. Our pipeline this month is similar. People are giving up the low mortgage rate so they can consolidate their consumer debts bc they are tapped out.
- We are now in part of the cycle where Bank of the Ozarks is actually turning down construction projects. 😂
- To all the people thinking of switching to a big 4 bank, community banks fund 60-70% of all small biz in this country. They make loans that large banks wouldn’t do. You are just a number to them and if you don’t fit in their box, you don’t get that loan. There are ways to protect