Anglo Irish Bank is opening a new representative office in Chicago that will offer commercial real estate financing solutions for clients in the Midwest region.The Chicago office will be managed by Paul Doyle, a senior vice president with the bank, Anglo Irish reported. "This new office is in response to our clients' requests to handle more commercial real estate financing transactions in the Midwest," said Tony Campbell, president and chief executive officer of Anglo Irish Bank's North America operations. Mr. Doyle will oversee an initial staff of five employees. The bank has already financed a few commercial real estate properties in Chicago. Anglo Irish Bank, listed on the Irish Stock Exchange, is Ireland's third-largest bank, according to the company.
-
What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
22m ago -
The long-defunct Nationwide Biweekly Administration, accused in 2015 of deceptive marketing, has been ordered to pay a $7.93 million civil money penalty.
March 24 -
The Long Island-based lender is one of five nonbanks since January to have disclosed a prior hack, with the extent of those incidents remaining unknown.
March 24 -
More than 42,000, or 13.7%, of home-sale agreements in the United States fell through in February, according to a new Redfin report.
March 24 -
Republican Sen. Josh Hawley repeated his long-standing criticism of Fair Isaac Corp. in a letter noting the detrimental impact of its prices on home buyers.
March 24 -
Most of the loans, 57.34%, are for cashout purposes and the entire loan pool are first-liens, and are of modest leverage, with an original cumulative loan-to-value (LTV) ratio of 69.74%.
March 24









