Articles by Caroline Vega

Commercial real estate lending more than halved last quarter compared to the prior year. The MBA attributed the drop to a “logjam” of uncertainty that’s freezing the market. Demand for office and apartment buildings has […]

A new report from the Mortgage Bankers Association (MBA) shows that its Commercial/Multifamily Mortgage Origination Index declined by 56% year-over-year in the first quarter of 2023, and was down 42% quarter-over-quarter. The decline comes after […]

May 5 (Reuters) – Deposits at U.S. commercial banks fell toward the end of April to the lowest in nearly two years, data released on Friday by the Federal Reserve showed, while overall credit provided […]

A growing number of developers are considering converting empty office towers into housing as part of an effort to revive struggling downtown … Like the sobriety test in Steve Martin’s 1983 film “The Man with […]

Synchrony Financial’s credit card loan write-off rate rose sharply during the first quarter of the year to 4.49% from 2.73% during the same period a year earlier, while accounts that were at least 30 days […]

A credit crunch might be on its way. Signs of banks tightening credit have already popped up in recent months as the Federal Reserve has hiked interest rates to the highest level in more than […]

The Federal Reserve’s Senior Loan Officer Opinion Survey on bank lending practices, or SLOOS, usually doesn’t make waves. Its next release however, could provide valuable insight into the future of this economy, showcasing how senior […]

(Bloomberg) — US bank lending contracted by the most on record in the last two weeks of March, indicating a substantial tightening of credit conditions in the wake of several high-profile bank collapses that risks […]