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Ratios tied to non-performing loans held by Chinese banks have been improving.
Over all, Mr. Mackey reported only $638 million in illegal loans held by the government.
Concerns about the non-performing loans held by Europe's shaky banks will be reignited.
The Nikkei moved lower on concerns over the size of bad loans held by Japanese banks.
The ministry's plans will increase the portion of questionable loans held by banks, Mr. Feldman said.
Additionally, the government will encourage lenders to write down the value of loans held by borrowers in modification programs.
Rising capital flows would also assuage investors worried about the unrealized losses on property loans held by Spanish banks.
Similar(4)
RBS said it would make a heavy loss this year partly because it plans to sell the assets - the bad loans - held by the internal bad bank, more quickly than originally planned.
In contrast, 27percentt of federal student loans held by those aged 65 to 74 were in default.
These include modifications on loans held by investors, however.
In 2013, 12percentt of federal student loans held by those aged 24 to 49 were in default.
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