Fitch has taken various rating actions on Citigroup Commercial Mortgage Trust, Series 2006-FL2, including placing on Rating Watch Negative two classes. Fitch placed on RWN the $2 million class RAM-1 and the $2.4 million class RAM-2, citing the "declining performance of the Radisson Ambassador Plaza Hotel and Casino" in San Juan, Puerto Rico, which failed to recover as expected after its occupancy and average daily rate were affected by renovation between October 2005 and May 2006. The rating agency also upgraded class MVP to AAA from BBB- and affirmed the ratings of several other classes.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
7h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










