CRE

Lending standards for most business and residential real estate loans as well as subprime consumer loans are tighter than the 10-year average, according to a survey of senior bank loan officers released by the Federal Reserve Board.

Carver Bancorp in New York is dealing with a new set of challenges just months after being released from a longstanding enforcement order. The company’s woes highlight the challenges for banks with narrowly constrained business models.

Suffolk Bancorp in New York, which recently agreed to sell to People's United Financial, discouraged several suitors from bidding due to concerns about concentrations of commercial real estate loans at those banks. The disclosures highlight the challenges that banks with heavy CRE exposure could face — as buyers or sellers — if they want to do deals.

Welcome news for America's renters could be unhelpful for the Federal Reserve.

Multifamily family construction is reaching the point where some markets can't absorb the new supply of units.

Borrowing conditions in the apartment market have improved in the second quarter as property owners benefit from the low-rate environment after the Brexit vote, according to the National Multifamily Housing Council.

First American Corp. had a second-quarter profit of $102.1 million as the title insurer's pretax margin of 13.7% was its best ever.

Wintrust Financial in Rosemont, Ill., reported strong momentum from mortgage growth and acquisitions.

Property valuation firm LRES will now offer commercial evaluations as a result of its March acquisition of InsideValuation.

Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties.