SNC Report Shows Steep Rise in US Troubled Loans

The Shared National Credit Program has clocked a 38% increase in ‘non-pass’ loans to $572bn; Marblegate sees opportunity.

Private Debt Investor
Christopher Faille | 23 April 2024

The latest report from the Shared National Credit Program indicates a significant credit risk increase in the US economy in 2023. Perhaps surprisingly, the SNC suggests that real estate, especially commercial real estate, has been relatively untroubled.