Bad for business? Weighing shutdown’s impact on commercial loans
Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer. ... Read full article
Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer. ... Read full article
Demand for commercial loans surged in the fourth quarter and executives at the Buffalo company see the momentum continuing in the new year. ... Read full article
Consumer lending should also be a bright spot, while mortgage lending could be suppressed by rising rates and tight housing supplies. ... Read full article
Richard Harra was also fined $300,000 for painting a false picture of the bank’s financial health at the height of the financial crisis. ... Read full article
His knack for public policy, dedication to technological improvements once considered the province of big banks, and willingness to tear up a business model that he and his father built make him our top Best in Banking honoree. ... Read full article
The move allows the New York multifamily lender to make more loans without having to raise capital. ... Read full article
Tepid loan and deposit growth has been a persistent theme in 2018, but that could soon change for community and regional banks in the New York and Washington markets. ... Read full article
Federal "Opportunity Zones" that reduce exposure on capital gains could draw rich investors — and commercial lenders along with them — into economic development projects in thousands of troubled communities around the country. ... Read full article
On Jun. 30, 2018. Dollars in thousands. ... Read full article
The Columbus, Ga., company ramped up its business and consumer lending even as it scaled back lending on construction and commercial real estate projects. ... Read full article
Brian Johnson, the agency’s second-in-command, wields much power; Fair Isaac is planning changes to credit scoring to boost approvals. ... Read full article
The Arkansas company, which has faced criticism over its concentration in commercial real estate, charged off nearly $46 million tied to a pair of properties in the Carolinas. ... Read full article
Bank of America is showing more interest in commercial real estate lending while other lenders are pulling back, executives said. But they also said that they learned their lesson from the financial crisis and will proceed cautiously. ... Read full article
The third interest rate increase of the year could have a significant impact on banks' lending, deposit gathering and even M&A decisions. Here's what to expect. ... Read full article
Proposition 10 would give local jurisdictions a freer hand to restrict rents, but critics say that would lead to property devaluations. Some see an effect regardless of whether the measure passes. ... Read full article
Following an increase in the CRE appraisal threshold for community bankers earlier this year, the National Credit Union Administration has proposed an even bigger shift for CUs. ... Read full article
The changes mandated by the recent regulatory relief law would narrow the definition of "high-volatility commercial real estate" exposures that get a higher risk weight. ... Read full article
A number of banks have stepped up efforts to lend to residential developers, though they are mindful of missteps made before the financial crisis. ... Read full article
On Mar. 31, 2018. Dollars in thousands. ... Read full article
Wells Fargo is considering a sale of commercial real estate broker Eastdil Secured, according to a person briefed on the matter. ... Read full article