Tag Archive for ‘ADC’

Stock of Residential AD&C Loans Up 17% Over Last Four Quarters

One factor holding back a stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, the stock of residential AD&C loans outstanding has been on the rise, posting a 17% gain since the third quarter of 2013. According to data from the FDIC and NAHB analysis, the outstanding stock of 1-4 unit residential AD&C… Read More ›

AD&C Lending Conditions Ease in the Third Quarter

According to an NAHB industry survey, lending conditions for acquisition, development and construction loans continued to ease during the third quarter. In the third quarter of 2014, the overall net tightening index based on the AD&C survey improved (i.e., declined) from -22.7 to -31.0. The index is constructed so negative numbers indicate easing of credit; positive tightening, so a lower… Read More ›

Stock of Residential AD&C Loans Up 16% Over Last Four Quarters

One factor holding back a stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, the stock of residential AD&C loans outstanding has been on the rise, posting a 16% gain since the second quarter of 2013. According to data from the FDIC and NAHB analysis, the outstanding stock of 1-4 unit residential… Read More ›

Survey Indicates Continued Easing of AD&C Loan Conditions

Builders and developers continue to report easing credit conditions for acquisition, development, and construction (AD&C) loans according to NAHB’s survey on AD&C financing. In the second quarter of 2014, the overall net tightening index based on the NAHB survey was -22.7, which represents somewhat less easing than in the 1st quarter 2014 when the index was -32.0. The index is… Read More ›

Stock of AD&C Loans Up 12% Over Last Four Quarters

One factor holding back a stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, recent data confirm that net lending is on the rise. According to data from the FDIC and NAHB analysis, the outstanding stock of 1-4 unit residential AD&C loans made by FDIC-insured institutions rose by $1.952 billion during the first… Read More ›

AD&C Lending Conditions Continue to Ease

Builders and developers continue to report easing credit conditions for acquisition, development, and construction (AD&C) loans according to NAHB’s survey on AD&C financing. In the first quarter of 2014, the overall net tightening index based on the AD&C survey improved (i.e., declined) from -25.5 to -30.8. The index is constructed so negative numbers indicate easing of credit; positive tightening, so… Read More ›

Smaller Banks Are the Largest Source of AD&C Lending

Data from the FDIC indicate that smaller financial institutions, typically community banks, are the most common sources of lending for home building acquisition, development and construction (AD&C) loans. This trend strengthened during years of the housing crisis. The FDIC data are split into two sources: commercial banks and savings institutions. As of the final quarter of 2013, total 1-4 residential… Read More ›

Stock of AD&C Loans Up More than 7% During 2013

One factor holding back an even stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, it appears the period of dramatic declines in the outstanding stock of AD&C loans ended in 2012, and recent data confirm that net lending is on the rise. According to data from the FDIC, the outstanding stock of residential AD&C loans… Read More ›

AD&C Lending Conditions Ease Slightly at the End of 2013

Builders and developers continue to report easing credit conditions for acquisition, development, and construction (AD&C) loans according to NAHB’s fourth quarter 2013 survey on AD&C financing. At the end of 2013, the overall net tightening index based on the AD&C survey improved (i.e., declined) from -23.3 to -25.5. The index is constructed so negative numbers indicate easing of credit; positive tightening,… Read More ›

Stock of AD&C Loans Up Nearly 5% In Past 6 Months

One factor holding back an even stronger rebound in home construction has been the tight availability of acquisition, development and construction (AD&C) loans. However, it appears the period of dramatic declines in the outstanding stock of AD&C loans ended in 2012, and recent data confirm that net lending is on the rise. According to data from the FDIC, the outstanding stock of residential AD&C loans… Read More ›