The Lede

Top National News

Add CRE Worries to List of Bank M&A Impediments
National Mortgage News, Sept. 16, 2016--Stewart, Jackie Banks that are heavily involved in commercial real estate lending may shy away from buying institutions with similar concentrations.
Full Story
Condominiums in Crisis: Financial Troubles Put Many Communities at Risk
Washington Post, Sept. 18, 2016--Turque, Bill Monthly fees, the financial lifeblood of condo developments, have risen sharply as boards try to generate cash for long-deferred maintenance and to cover basic expenses. As a result, more owners can't make their payments, and fewer prospective owners can afford to buy in.
Full Story
Money Is Pouring Into Property Deals Banks Won’t Touch
Bloomberg, Sept. 19, 2016--Mulholland, Sarah; Perlberg, Heather Heightened commercial real estate lending scrutiny paves the way for lightly regulated investors to gain a bigger toehold in lucrative deals.
Full Story
S&P Real Estate Sector Rises in First Day of Trading
CNBC, Sept. 19, 2016--Imbert, Fred There's a new sector in the closely followed S&P 500, and it's off to a good start.
Full Story
The Federal Reserve Confronts a Possibility it Never Expected: No Exit
Washington Post, Sept. 19, 2016--Mui, Ylan Q.  Instead of executing its stimulus exit strategy--raise interest rates and shrink its balance sheet--the Federal Reserve is confronting the possibility that its temporary economic recovery measures will remain in place indefinitely.
Full Story
Mortgage Applications Tank 7.3% Amid Rising Rates
CNBC, Sept. 21, 2016--Olick, Diana Mortgage rates finally broke out of their tight range last week, and borrowers retreated in force, the Mortgage Bankers Association reported.
Full Story

Dealmaker of the Week

People in the News

MBA News