Banking

Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."

Year-end adjustments to mortgage industry employment statistics revealed a larger-than-expected increase in hiring by nondepository lenders and brokers during 2016.

A number of banks are tapping the brakes on commercial real estate lending, giving others an opportunity to make more loans at better terms.

SL Green Realty Corp. is tapping the securitization market to refinance 485 Lexington Ave., a 32-story office building in Midtown Manhattan.

The title insurance business of Fidelity National Financial earned $231 million in the fourth quarter, up 60% year over year.

Commercial real estate finance company Walker & Dunlop has acquired Deerwood Real Estate Capital, a commercial mortgage brokerage and advisory firm.

The newly installed chairman of the Federal Communications Commission voted against 2015 rules that largely rejected the banking industry's entreaties.

With home values — and interest rates — rising, homeowners finally seem ready to tap into their homes' equity to fund long-delayed home-improvement projects.

Only a few days remain for loan officers to complete the survey to be considered for the 2017 Top Producers rankings. The deadline is 6 p.m. EST Friday, Feb. 3.

The New York company may struggle with profitability as it decides whether to find a new buyer.

Nonprime mortgage securitization has roughly doubled each of the last two years, and it shows no signs of stopping, according to Fitch Ratings.

Profits at Astoria Financial in Lake Success, N.Y., fell along with net interest income in the fourth quarter.

Umpqua Holdings in Portland, Ore., reported an increase in profits, as a spike in fees compensated for lower interest income.

The phrase "it is what it is" came up several times as CEO Joseph Ficalora addressed analysts' questions about nixing plans to buy Astoria and the challenges of getting another deal done.

A $90 billion wave of maturing commercial mortgages, leftover debt from the 2007 lending boom, is laying bare the weak links in the U.S. real estate market.

Increases in commercial real estate, C&I and municipal and state loans boosted fourth-quarter profit at the $13 billion-asset Trustmark.

The company wants a big deal to help push it over $50 billion of assets, at which point it will be considered systematically important.

Big increases in construction and commercial real estate lending boosted revenue at the Kansas City, Mo., company.

A bond-market startup is a step closer to reviving crisis-era derivatives that let investors bet on U.S. homeowner defaults.

The Mortgage Industry Standards Maintenance Organization has extended the comment period on its proposed standard regarding the maintenance and sharing of commercial and multifamily rent-roll information.