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Factbox-A close look at embattled NYCB s $84 6 billion loan portfolio

The lender reported a surprise fourth-quarter loss after building bigger provisions for potential loan defaults, primarily because of its CRE exposure. New York Community Bancorp's reported total assets of $116.3 billion and total deposits of $81.4 billion at the end of 2023. The lender's commercial loans - which include commercial real estate and acquisition as well as development and construction loans - were $13.35 billion, or nearly 16% of its total loans.

A close look at embattled NYCB s $84 6 bln loan portfolio

New York Community Bancorp on Wednesday pledged to reduce its exposure in the troubled commercial real estate sector, attempting to reassure investors who have dumped the stock since its earnings.

Factbox-A close look at embattled NYCB s $84 6 billion loan portfolio

(Reuters) - New York Community Bancorp on Wednesday pledged to reduce its exposure in the troubled commercial real estate (CRE) sector, attempting to .

Monetary Policy And Economic Overview At Year End

Monetary Policy And Economic Overview At Year End
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Gateway Commercial Finance, LLC: Business Loan Turned Down in 2023? Expect More of the Same in 2024

Gateway Commercial Finance, LLC: Business Loan Turned Down in 2023? Expect More of the Same in 2024
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