banks

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Despite an “overheated” market, Bank of America is ramping up its CRE exposure

December 05, 2018 09:30AM

As New York’s commercial real estate market continues to heat up, Bank of America is going headfirst into the...

Consumer banks are retooling their RE strategy — but can they prevail?

by Rich Bockmann | December 18, 2017 07:30AM

From the December issue: TD Bank beat out a slew of competitors in late 2015 to lease roughly 2,000 square...

US set to require banks to ID owners of shell companies: report

April 06, 2016 04:53PM

The federal government’s war against shell companies frequently used in real estate acquisitions is extending to the banks. New...

Metro Bank’s founder hand picks every new store it opens — here’s how he chooses

by Business Insider | October 24, 2015 10:00AM

British challenger bank Metro Bank is opening its 38th “store” in Southall this weekend — and the exact site of every single one has...

Big banks sticking put, passing on new office towers

February 11, 2014 11:30AM

More marquee financial companies are choosing to stay in their current office locations rather than upgrading to Manhattan’s much-trumpeted...

Qualified mortgage rules go into effect

January 10, 2014 02:30PM

Tighter federal mortgage regulations go into effect today that place stricter caps on debt-to-income ratios, in the hopes that lenders stop originating mortgages to those who cannot repay them . The new rules, put forth by...

Wave of debt maturity presents opportunity to untraditional lenders

June 08, 2012 11:00AM

The immense volume of debt due to mature over the next five years presents an exciting opportunity for mezzanine...

$25B foreclosure settlement lacks “bite” for banks and relief for distressed homeowners

March 28, 2012 10:00AM

Intended to simultaneously punish banks for their foreclosure practice and help American homeowners in distress, the $25 billion federal foreclosure settlement contains significant elements...

NYC housing advocates skeptical of mortgage settlement promises

February 21, 2012 12:00PM

Some American housing advocates doubt that new standards established by government officials to protect homeowners against wrongful foreclosure will...

Nation’s largest banks may face $17 billion in lawsuits over foreclosure abuses

May 25, 2011 03:45PM

The nation’s largest banks could face a potential liability of $17 billion in civil lawsuits if a settlement isn’t...