Loans for commercial and multifamily buildings fell 25% in Q4

Loans for office buildings specifically dropped 68 percent year over year and 32 percent quarter over quarter.  Continue reading

Office space fallout raises more questions about regional banks

Regional banks are in the spotlight again as cracks begin to show in their balance sheets due to the ongoing distress in the commercial real estate sector. Continue reading

FNB of Pennsylvania to pay $13.5M to settle redlining allegations

FNB’s 2017 acquisition of Yadkin Bank for $1.8 billion expanded its footprint into North Carolina, where the DOJ alleges it avoided providing mortgages to majority-Black and Hispanic communities. Continue reading

Let TikTok’s favorite debt expert help skyrocket your credit score

Trainer Bernice Ross talks to popular TikTok credit expert Alisa Glutz to find out how you and your clients can optimize the potential of a credit profile for lower interest rates and better scores. Continue reading

Banks from Tokyo to NYC feel the pain as US office market takes a hit

Tokyo’s Aozora Bank and New York Community Bancorp posted massive losses tied to commercial real estate loans Thursday morning, an indication that threats to the office sector aren’t over yet. Continue reading

Does your ‘date-the-rate’ advice constitute deceptive advertising?

CEO and new Inman Contributor Jillayne Schlicke explains how common phrases around financing and interest rates can land you and your business in hot water. Continue reading

In mortgage and finance, high rates are ‘a little bit of a blessing’

Wednesday’s panel at ICNY 2024 says a high interest rate environment will continue driving innovation in the mortgage and finance sector. Continue reading

How 50 years of equal credit spurred women’s homeownership

New Inman contributor Bobbie Wasserman writes that in the 50 years since passage of the Equal Credit Opportunity Act, a combination of the Sheconomy and the Great Wealth Transfer is transforming women into an intergenerational economic powerhouse. Continue reading

80% of first-time homeowners say they’ll need a gift to buy again: Poll

Faced with rising prices and rates, buyers are increasingly counting on personal loans and gifts to close deals, according to a survey of 3,000 potential buyers conducted by Dig Insights and Inman. Continue reading

Alternative financing can offer a world of options for diverse buyers

Keller Williams Head of Inclusion and Belonging Julia Lashay Israel outlines the way non-interest loans serve religious communities with restrictions on borrowing while for non-citizens, ITIN loans open doors to homeownership. Continue reading