Alan Kline

All Alan Kline's Stories
EverBank Financial’s first-quarter profits more than doubled from the same period last year as strong loan growth more than offset a sharp drop in income from servicing mortgages.
Competitive pricing and softening demand at the high end of the apartment- and condo-building market had executives at BankUnited, Signature and New York Community answering tough questions about their growth projections and diversification strategies.
The demand for affordable rental properties has long outstripped the supply, with the gap widening as incomes have stagnated, homeownership rates have fallen and rents have soared in recent years. But now, banks are finding a profitable path to helping ease this severe national shortage.
First Horizon National Corp. is getting closer to putting its mortgage woes behind it.
M&T Bank remains comfortable with its decision to acquire Hudson City Bancorp even though a recent rise in mortgage rates could crimp Hudson City's profits.
John Stumpf believes the government-sponsored enterprises need to be retained in some form because the guarantee they provide is important to investors.
At first glance the Charlotte market seems like the wrong target for home construction.
Bank of America is said to be considering more sales of mortgage servicing rights following its announcement that it is selling $300 billion of servicing rights to two separate buyers.
Capital One's highest level of exposure is in New York, where it has $25.4 billion of loans outstanding.
Two former loan officers at Sterling Financial have been sentenced to lengthy prison terms and ordered to pay $53 million in restitution for their role in a multiyear fraud scheme.
Federal Deposit Insurance Corp. board member Thomas Hoenig has a bold suggestion for regulators crafting Basel III capital rules: start over.
If the government is bent on winding down Fannie Mae and Freddie Mac sooner rather than later, then it helps that some major lenders are committing to buy back soured loans from the government-sponsored enterprises all at once, rather than quarter by quarter.
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