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NYCB falls as profitability comes into focus after $5 billion loan sale
Reuters via Yahoo Finance· 6 days ago(Reuters) -New York Community Bancorp's shares reversed course to trade down 4% as a deal to sell $5...
Lawmakers castigate Gruenberg over FDIC’s toxic culture
Banking Dive via Yahoo Finance· 6 days agoThe FDIC chairman faced multiple calls for his resignation Wednesday at a House panel hearing where...
StreetInsider.com - Reuters
StreetInsider· 6 days agoU.S. homebuilder sentiment tumbles as rates slow buyer traffic May 15, 2024 10:01AM (Reuters) - U.S. homebuilder sentiment soured in May for the first time in six months as high interest rates on home loans kept potential customers on the sidelines
NYCB Sells $5 Billion in Loans to JPMorgan
PYMNTS.com· 6 days agoNew York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to...
Goldman Sachs looks to expand private equity credit lines as dealmaking picks up By Reuters
Investing.com· 4 days agoSuch loans are asset-based and short-term, lowering their risk.Goldman last year bought a portfolio...
NYCB to sell $5B in mortgage warehouse loans to JPMorgan - HousingWire
HousingWire· 6 days agoNew York Community Bancorp, the parent of Flagstar Bank, said it’s still committed to the home loan...
Bernard Horn's Polaris Global Value Fund 1st-Quarter Letter: Loo
Guru Focus· 4 days agoGlobal equity markets enjoyed consecutive months of gains, with the MSCI World Index returning 8.88%...
Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ But Risks Remain
PYMNTS.com· 6 days agoTestimony from some of the top regulators in the country ahead of a Wednesday (May 15) Capitol Hill...
‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in...
Fortune via Yahoo Finance· 5 days agoSmall-to-mid-size banks will be the first forced out of business, he says. “There are quite a few...
Goldman Sachs looks to expand private equity credit lines as dealmaking picks up
Arizona Daily Sun· 4 days agoSuisse. The Wall Street bank and rivals JPMorgan Chase and PNC Financial Services are stepping up in...
