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.
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.
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.
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.
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.
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.
