Sub-prime crisis not over three years, banks will bankrupt the United States 150.

As the credit crisis sweeping the globe, dragging down the economic slowdown, and hit some good in the real estate boom during the rapid expansion of the banking industry, RBC Capital Markets predicted that the next two to three years, the United States will have at least 150 bank failures. .<P Style=MARGIN: 0px> </ P> <P style=MARGIN: 0px> reason will have a banking crisis, mainly because of the real estate market decline from prosperity. .Prior to the banking sector more and more mortgages issued, and there are many small and medium organizations will be a lot of money into construction and development loans. .Loans increased rapidly in 2004-2005, but most of the unit in charge failed to properly review, or restrict the rapid expansion of credit. .Now, the default situation is deteriorating, many banks may have been destined to go bankrupt has been found. .</ P> <P> (http://finance.) According to Gerard Cassidy of RBC Capital Markets predicted that the next two to three years, the United States will have at least 150 bank declared bankruptcy. .Compared with the past, from the second half of 2004 to the end of 2006, the United States declared bankruptcy ten consecutive quarter of home odd number, the length of time a new record. .</ P> <P> he said: "The supply of loans over the past, but now many banks can not close to the capital markets." In the financial pressure, if the banks must raise money, they can be through high interest rates certificate of deposit (CD) to .raise the deposit site. .</ P> <P> according to Bankrate.com data, IndyMac Bancorp one-year certificates of deposit interest rates high, the other discharged into ten also included within the Corus Bankshares, Imperial Capital Bancorp and other companies. .Last year, the struggling Countrywide Financial, the Federal Reserve's banking sector began offering high interest rates, certificates of deposit to establish deposit site. .</ P> <P> In addition, RiskMetrics Group data show that, as of the end of 2007, construction and development (C & D) loans accounted for Corus for 83% of the loan business. .After following the collapse of the mortgage business, experts worry about C & D loans in the banking sector will be the main source of the next wave of losses. .</ P> <P> to mortgages and other consumer loans, small and medium sized banks found themselves in the past in the national market is difficult to compete with large banks. .As a result, many banks will be the focus lock in C & D loans because this type of financing has mostly local, and rely on personal networks. .</ P> <P> end of last year, in the Colonial BancGroup's lending operations, C & D loans accounted for 37%, Sterling Financial accounted for 33%, UCBH's 20%. .</ P>.