American Banker
FEBRUARY 2, 2024
Valley National, based in Morristown, New Jersey, has a high exposure to commercial-property loans relative to its peers. 31, with heavy exposure to New York, Florida and New Jersey. The bank reported that almost half its $50.2 billion loan book was in commercial real estate as of Dec.
PYMNTS
JUNE 12, 2019
To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales.
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PYMNTS
OCTOBER 23, 2020
To that end, and in terms of the data announced by the National Association of Realtors, existing home sales grew by 9.4 Drilling into the data, NAR said that each of the four regions tracked showed month-over-month and year-over-year growth. Home sales in that region were up more than 40 percent. million units.
PYMNTS
SEPTEMBER 22, 2020
“The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.
PYMNTS
DECEMBER 30, 2019
Like the name implies, Anchor Shops try to preserve the bit of the department store experience that is still working — a physical place that consumers go to discover new brands and to examine products before they are purchased — while minimizing the parts of the old model that drag department store profits down such as the wholesale inventory model.
American Banker
NOVEMBER 2, 2016
Receiving Wide Coverage. Another hit: Wells Fargo has agreed to pay $50 million to settle a class-action lawsuit in which it was accused of overcharging homeowners for appraisals ordered after the borrowers defaulted on their mortgages. The plaintiffs allege they were charged $95 to $120 for a service that cost the bank $50 or less.
PYMNTS
APRIL 15, 2019
And ticketing technology for public transportation is arriving on mobile, too: Cubic Transportation Systems recently notched a contract from the National Transport Authority for a mobile ticketing system in Ireland. The projected value of the kiosk market’s food and beverage revenue by 2021 is $310 million.
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