Potential for Downturn in Commercial Real Estate Weighs on Regional Banks
Concerns mounting over regional banks' preparedness for potential downturns in commercial real estate, highlighted by the financial distress of NYCB.
Concerns mounting over regional banks' preparedness for potential downturns in commercial real estate, highlighted by the financial distress of NYCB.
CEO of a top financial services firm is sounding the alarm over a "very ugly" real estate market in the next two years.
National Association of Realtors President Tracy Kasper has resigned after receiving a blackmail threat, the trade group said.
Property sector shows fresh signs of distress.
Emergency lending by the US federal authorities has bathed America’s struggling regional banks in short-term liquidity.
High home prices and even higher mortgage rates; that’s how most people would describe last year’s housing market.
For Wall Street, the housing market this year was hard to target and analysts often found their forecasts missing the mark.