Articles by Caroline Vega

KKR (KKR) is taking the initiative to finance properties in the U.S. and Europe with a new $850 million credit fund. The KKR Opportunistic Real Estate Credit Fund II (ROX II) will target first mortgages […]

Wells Fargo did more to outpace its closest competitor in servicing for income-producing mortgages in 2024, according to the Mortgage Bankers Association.  The megabank took the top spot in the rankings with $646 billion in […]

As the U.S. stock market navigates a period of volatility marked by the Federal Reserve’s decision to maintain interest rates and investor focus on major tech earnings, identifying undervalued stocks becomes crucial for those seeking […]

A&E Real Estate was once on a multifamily buying spree, but its investment in one portfolio isn’t faring as expected, it seems.  The firm’s $506.3 million commercial mortgage-backed securities (CMBS) loan backing 31 New York […]

Dive Brief: WaFd Bank is exiting the single-family mortgage lending business, spurring an 8% reduction in the lender’s workforce, the Seattle-based bank said Thursday. The job cuts affect 174 employees, based on a headcount of […]

Following sharp increases in recent years, interest rates are expected to gradually decrease in 2025, and that could be good news for credit union loan portfolios. While lower rates could pressure credit unions’ profit margins—potentially […]

Loan growth at Comerica could be relatively muted throughout 2025, with gains being potentially offset by the ongoing paydown of commercial real estate loans, executives said Wednesday. The Dallas-based parent company of Comerica Bank expects […]