banks


The Latest

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

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

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?

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

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

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

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

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

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

From left: 11 Madison Avenue and Joseph Harbert

Big banks sticking put, passing on new office towers

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

Qualified mortgage rules go into effect

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...

Yon Cho of PCCP

Wave of debt maturity presents opportunity to untraditional lenders

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

Placeholder image

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

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

Josh Zinner, co-director of the Neighborhood Economic Development Advocacy Project

NYC housing advocates skeptical of mortgage settlement promises

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

Placeholder image

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

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

« Previous Next »