Count on bank lending to remain conservative and cautious throughout the rest of 2024. Bank lenders are awaiting further guidance from the Federal Reserve regarding rate cuts and the upcoming election, which should provide more clarity on the direction of the market heading into 2025. The cost of capital will continue to put a damper on lending activity. Some banks with dry powder are seeing the disruption as an opportunity to fund high-quality loans with the best borrowers at higher rates. More