The number of loans classified as troubled debt restructuring (TDR) are on the rise as a result of changes last month in accounting standards and increased regulatory scrutiny, Fitch Rating reports. Under new regulations, institutions will now, among other things, have to report redefault rates on TDR on a portfolio segment basis beginning in the third quarter. Total TDRs among U.S. banks rose 48% in 2010, with non-residential spiking 85%.
