With values on multifamily properties soaring, some building owners are using aggressive tactics to push out existing tenants to make room for higher-earning ones. That’s raising questions about whether their lenders are abetting this behavior. ... Read full article
The company is once again positioning itself for growth now that it is no longer considered a systemically important financial institution. ... Read full article
Strong demand for business and multifamily loans, combined with double-digit growth in wealth management revenues, more than offset rising expenses. ... Read full article
Record loan originations and strong growth in wealth assets under management more than offset a double-digit increase in expenses at the San Francisco company. ... Read full article
Trump Bay Street, a New Jersey luxury apartment tower part-owned by Kushner Cos., received a $200 million loan from Citigroup, according to two people familiar with the deal. ... Read full article
Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets. ... Read full article
Despite the increase in loan demand, the New Jersey company swung to a loss in the quarter as it devalued its deferred tax asset. ... Read full article
The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio. ... Read full article
The FHFA is allowing Fannie Mae and Freddie Mac to invest in the credits for the first time since they entered conservatorship. Its purpose is to promote affordable housing in underserved markets. ... Read full article
Fee income also surged as the San Francisco bank reached the $100 billion mark in wealth management assets. ... Read full article
Putting faith in its team of experts analyzing every loan application, the Arkansas bank is shrugging off warnings of a real estate downturn. ... Read full article
Diana Reid's real estate unit accounts for roughly one-third of PNC’s annual revenue. ... Read full article
So-called transitional lending has traditionally been kept on balance sheet; but it’s become attractive to bundle the loans for transactions called (take a deep breath) commercial real estate collateralized loan obligations. Can investors stomach the ... Read full article
Insurers are seeing modest gains in market share as banks, facing increased scrutiny from regulators, lightly tap the brakes. ... Read full article
The Westbury, N.Y., company reported a 15% drop in earnings despite recording a large gain on the sale of some securities. ... Read full article
The California lender, which specializes in trade finance, reported strong growth in commercial and other lending categories last quarter, and it urged the Trump administration to seek fair trade deals with China. ... Read full article
With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs. ... Read full article
The Westbury, N.Y., company is angling for an acquisition as it approaches the $50 billion-asset mark. ... Read full article
The New York bank has rapidly expanded its commercial real estate lending over the last several years, but now it is ready to slow down a bit and add more commercial and industrial loans to the mix. ... Read full article
The Birmingham, Ala., company's profit climbed 8% as as higher market interest rates and investment securities balances offset lower average loan balances. ... Read full article
