regional banks - Real Estate Investor Pulse

For US regional banks, commercial real estate is seen as next big worry

May 2, 2023 Mark Paul Cervantes Comments Off

Regional banks, already under financial stress and the eye of regulators, now face another potential crisis in the shaky commercial real estate sector The recent collapse of several regional banks, including Silicon Valley Bank (SVB) […]

First Republic shares dive on contagion fear, dragging U.S. regional banks

March 14, 2023 Mark Paul Cervantes Comments Off

March 13 (Reuters) – Shares of U.S. regional banks slumped on Monday, led by sharp losses in First Republic Bank (FRC.N) as news of fresh financing failed to assuage fears of possible bank contagion following the collapse […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]