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CRE risk management: Navigating hazards and opportunities

Abrigo

Stress testing, monitoring are essential Financial institutions should challenge assumptions about CRE risk while also watching for red flags as they manage the CRE portfolio. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

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Popular Bank appoints Adam Dejak to lead Popular Mortgage

PopularBank

We are thrilled to welcome Adam Dejak as National Director of Residential Lending for Popular Mortgage. Based in New York, Adam will oversee our residential mortgage lending 1 business and will be responsible for driving growth and development of the entire program, cultivating talent, and continuing to expand our mortgage loan options.

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Lull Hits B2B FinTech Venture Capital Funding

PYMNTS

The money will be used to focus on product development, sales, marketing, and an expansion of its existing Managed Service Providers (MSPs) network, which connects end-users to Mailprotector’s capabilities. based funding round of the week, corporate spend management startup Airbase announced via press release a $23.5

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. Honcho plans to deploy the investment towards new hires and invest in its product roadmap.

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

That may end up being a trend through next week as the world, watches for Walmart’s earnings report and the big rush of news that will come with it. According to reports out earlier this week, Goldman Sachs and Amazon are in discussions about possibly partnering for small and medium-sized (SMB) business lending in the U.S.

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Ponce Bank serves the underserved

Independent Banker

Ponce Bank has brought banking services to minority neighborhoods in the Bronx and greater New York City for more than six decades with a clear focus on community investment. Times were tough for the New York City borough, whose residents were predominantly working-class Black and Puerto Rican. “If

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Commercial Real Estate Insights

PopularBank

Shifting Portfolio Management and Underwriting Best Practices. In the face of unprecedented disruption, lenders worked quickly to reevaluate both new business and current portfolio management. Identifying Commercial Real Estate Lending Bright Spots. Anticipated back-to-work economy to drive optimism.