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CRE risk management: Navigating hazards and opportunities

Abrigo

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. Critical capital Should CRE lending be off the table? But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits.

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Citi To Bolster Business Lending In Europe With New Staff, Offices

PYMNTS

The financial institution intends to grow its corporate lending division focusing on firms with yearly turnover from $25 million to $2.5 billion, Reuters reported, with new offices and staffers in multiple Western European nations by the conclusion of this year.

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Bitcoin Daily: Lending Protocol Nuo Announces Digital Banking Platform Built On Ethereum, B2C2 Crypto Liquidity Firm Announces Gold Derivative

PYMNTS

The founders of lending protocol Nuo have announced the launch of a new digital banking platform called Juno, which will be built on top of ethereum. markets in the near future. “We’ve We haven’t said anything about ether—until now,” Tarbert said at Yahoo Finance ’s All Markets Summit in New York City. “It

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Helping Investors Avoid The Lending Club Trap

PYMNTS

Online lending as a business model has taken some lumps over the last several months, with Lending Club (and investors) only the most visible casualty of alleged fraud. As for questions surrounding the viability of these online lending platforms, as posited by Webster, Moore said the model exists as one that is here to stay.

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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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Could COVID-19 Cause A Banking And Commercial Real Estate Crisis?

PYMNTS

Twelve years after the housing and mortgage markets’ collapse threw the United States into financial distress not seen since the Great Depression, market watchers are again on the lookout for a possible new banking crisis spawned by upheaval in the U.S. commercial real estate sector. No Quick Fix.

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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. Airbase said it will use the funding to expand its team, launch its New York City office, and further product development.

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