Tag Archive for ‘ADC’

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 ›

AD&C Credit Conditions Continue to Ease

Builders and developers continue to report credit easing for acquisition, development, and construction (AD&C) loans according to NAHB’s survey on AD&C financing. In the third quarter of 2013, the overall net tightening index based on the AD&C survey was -23.3. The index is constructed so negative numbers indicate easing of credit. A similar net tightening index for commercial real estate… Read More ›

Survey Indicates Improving AD&C Lending Conditions

Builders and developers continue to report credit easing for acquisition, development, and construction (AD&C) loans according to NAHB’s survey on AD&C financing. In the second quarter of 2013, the overall net tightening index based on the AD&C survey was -16.5, just slightly lower than the -20.5 reported in the first quarter 2013. The index is constructed so negative numbers indicate… Read More ›