Regional bank troubles pose risk for mortgage lending
HousingWire Daily
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Financial Struggles of New York Community Bank
This chapter delves into the financial difficulties faced by New York Community Bank, including massive net loss, dividend cuts, and loan loss reserves. It explores the impact on the bank's stock value, their role in mortgage lending, and the broader implications for mortgage origination. The chapter also discusses how regional bank troubles could affect mortgage lending and the risks posed by looming debt on commercial real estate.
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