Commercial lending

Working with Sungage Financial will help NBT Bancorp diversify its consumer loan portfolio and learn from a fintech startup with a speedy credit approval process.

New data shows that large commercial banks are increasing their originations of single-family construction loans, but these loans still represent a small percentage of their total assets.

As demand for new homes outpaces supply, it is essential for mortgage lenders to pursue strategies that stimulate inventory levels, such as supporting builders with construction financing and offering homebuyers single-close construction-to-permanent loans. (The first in a four-part series on the mortgage industry's response to the housing inventory shortage.)

With traditional mortgage lending opportunities becoming increasingly scarce, banks in Seattle and Portland are loading up on jumbos, diving into multifamily and reviving dormant bridge loan programs.

Mexico's decision to reduce imports of soybean meal, corn and chicken has put more pressure on certain farmers, while creating another situation for lenders to monitor.

Granite Point Mortgage Trust priced its initial public offering at $19.50 per share, which was below the $20 to $21 range the company expected.

Over 45% of the borrowers the collateral pool have FICO scores above 760, compared with just 36.42% in the marketplace lender's most recent transaction, completed in May.

Granite Point Mortgage Trust is selling 10 million shares of common stock in an initial public offering to be priced between $20 and $21 per share.

The online lender, which focuses on high-earning millennials, is offering assurances that it will also serve Americans who make less money. But the company has not convinced critics, who say the plans are inadequate.

An aggressive band of community, regional and investment banks is stepping into the commercial real estate void left by more cautious lenders, saying there are still good CRE loans to be made or bought.

Aggressive restructuring moves and stock buybacks are giving CIT time to remold itself, but it will need to show core-banking growth to stave off calls for the company to sell itself.

Two Harbors Investment Corp. is spinning out its commercial real estate lending business to a newly created real estate investment trust, Granite Point Mortgage Trust Inc.

The trend of putting ever-smaller pieces of the same commercial mortgages into multiple securitizations requires investors to be extra careful, and will inevitably make workouts of bad loans more complicated.

First Savings Financial in Indiana and Dime Community in New York are keen on making more SBA loans as a way to diversify revenue and generate fees through loan sales.

Some believe that increased bank regulation is to blame for overall slower growth in commercial and industrial loans. Yet that assessment misses some important details.

The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.

Construction lending could make a comeback if bankers persuade Congress to reform capital and other complicated rules on so-called high volatility CRE loans. But will regulators go for it?

The U.S. Chamber of Commerce and Union Bank urged the Consumer Financial Protection Bureau on Wednesday to narrow its approach to collecting data on small-business lending, fearing it could add costs and compliance burdens.

The Consumer Financial Protection Bureau plans to launch an inquiry into small-business lending, the first step toward crafting a rule for the collection and reporting of data.

The next single-asset CMBS to hit the market is backed by the land under an iconic Manhattan address known as the Lipstick Building.