With commercial property values being at the lowest level in 7 years, it seems as if it cannot get any worse, but in reality it may well be heading for a further decline.

The Fed had some more bad news for banks, as it seems financial institutions are likely to suffer continued losses in the coming months

To meet their business needs, it is necessary for financial institutions to make credit risk level classifications (loan grading) in order to perform effective risk management and to meet their legal obligations.