Troubled New York Community Bancorp is reportedly ready to pledge about $5B in home loans originated by Flagstar Bank as collateral for risk transfer that would bolster its capital
Regional banks have largely weathered the crisis fueled by this year's failures of Silicon Valley Bank, Signature Bank and First Republic Bank by pursuing mergers and boosting deposits through 3rd-party brokers
$2.7B deal does not include about $4B in crypto-related deposits held by the former Signature Bank's digital-assets banking business, according to the Federal Deposit Insurance Corp
Signature was the largest commercial real estate lender in New York City by transaction volume and third-largest by volume since January 2020, according to PincusCo
When clients decide to put a pause on their home search, agents can ensure homebuyers and sellers stick with them when they're ready to reenter the market by staying top-of-mind
6 federal agencies issued minimum requirement rule yesterday
Regulators explain efforts to reduce burden on community banks
Data Facts solution allows lenders to monitor third-party vendors for federal reg compliance
MarketLinx division provides services to half of MLS subscribers
Commentary: Policies appear to alter congressional intent
Reports: no consensus among Feds; lenders haven't seen a proposal
Regulators eyeing national standards for loan servicers
FDIC sees warning signs at 1 in 10 insured institutions
Commentary: Who else can foot the bill in financial disasters?
Tweet Estate Update, Vol. 5