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The firm’s financial woes are mostly a result of overspending, but they have raised questions about how banks’ commercial real estate portfolios might fare if the coworking sector implodes.
October 7 -
A Rochester, N.Y., developer who faces federal mortgage fraud charges connected to apartments in Buffalo and other cities has pushed back the sale of a significant part of his real estate portfolio until later this month.
October 7 -
Freddie Mac's test of artificial intelligence to make lending decisions could be a significant turning point in broadening the use of the technology.
October 2 -
Caught in the middle of a credit-subsidy debate, the program would have shut down on Tuesday without congressional action.
September 27 -
Commercial real estate transaction volume rebounded in the second quarter from a poor first three months of 2019, although property price growth plateaued, according to Ten-X Commercial.
September 20 -
The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.
September 17 -
Credit decisions were a natural place to start with artificial intelligence, but now banks and credit unions are taking the technology to all parts of their businesses.
September 11 -
Banks are taking back more farmland through foreclosure than at any point in the past three years as low crop prices, epic flooding and the Trump administration’s trade spat with China have left many farmers struggling to pay their debts.
September 11 -
The bureau issued three policies removing the threat of legal liability for approved companies that test new products.
September 10 -
The industry has taken some steps to lower barriers to affordable housing, but some observers say that more can be done.
September 5