CTPost (Conn.), Apr. 20, 2016–Soule, Alexander
With interest rates still low, commercial banks in Connecticut maintained the pace of their commercial real estate lending heading into 2016, with a booming apartment market spilling over into retail developments and other deals.
Wall Street Journal, Apr. 20, 2016–Tracy, Ryan; Krause, Sarah
In 2014, BlackRock Inc. executives obtained a copy of a confidential Federal Reserve PowerPoint presentation that argued part of the giant money manager could pose the same financial-system risk as big banks.
HousingWire, Apr. 12, 2016–Lane, Ben
According to an article published Tuesday by the New York Times, a series of now-unsealed depositions given in the shareholders’ lawsuits show that not only were Fannie and Freddie on track to be profitable for at least 10 years, the government allegedly knew that fact, and more, before choosing to sweep away the GSEs’ profits.
Washington Post, Apr. 12, 2016–Swanson, Ana
Foreign-owned shell companies play a big role in the U.S. economy through the real estate market. When purchased through a shell company, an offshore company or a trust, U.S. real estate offers wealthy foreigners a stable and secretive investment.
Pittsburgh Post-Gazette, Apr. 12, 2016–Grant, Tim
Losing a home to foreclosure has left such a bad taste with some former homeowners that they have lost much of their will and desire to go through the underwriting process to get approved for a new home loan – even though years may have gone by since the foreclosure episode.
Wall Street Journal, Apr. 12, 2016–Brown, Eliot
Lawmakers in Congress are gearing up for a new round of fighting over who should benefit from a federal program that offers green cards to certain foreign investors.
Bloomberg, Apr. 12, 2016–Randow, Jana
Two more Federal Reserve officials argued for caution over the timing of the next interest-rate increase as slower U.S. growth, a stronger dollar and weakness abroad hinder the central bank’s effort to drive inflation higher.
Reuters, Apr. 8, 2016–Spicer, Jonathan
The Federal Reserve must approach further rate hikes cautiously and gradually because of lingering external risks to the U.S. economy, despite some strength at home and welcome hints of inflation, New York Fed President William Dudley said Friday.
National Mortgage Professional, Apr. 7, 2016–Hall, Phil
Two new data reports on the commercial real estate sector offer very different visions regarding the sector’s vibrancy, with one detailing a healthy 2015 and the other forecasting a bumpy near-term future.
Wall Street Journal, Apr. 7, 2016–Glazer, Emily
In a proxy released Thursday morning, J.P. Morgan pushed back against a shareholder proposal for a bank breakup, pointing to its business synergies, benefits of scale and value to clients.
