· One of the largest U.S. bank holding companies, with assets of $48.9 billion, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent.
Almost all of the loans originated by the bank are either multi-family or commercial loans, many of which are in New York City and are subject laws regarding rent control in New York.New York Community Bank was launched on April 14, 1859, in flushing, queens, as queens county savings bank and modified its name on December 15, 2000, to new York.
Universal rent control would eliminate those geographic. and with the laws sunsetting in [June 2019],” said Lorraine Collins, Director of Public Policy and External Affairs at Enterprise Community.
Mortgage prepayments rise and delinquencies fall in April, Black Knight says · Mortgage prepayments rise and delinquencies fall in April, Black Knight says.. 22 May, 2019; The prepayment rate on first-lien U.S. mortgages rose 17% from March to 0.99%, bringing the three-month aggregate increase to 67%, the company said in its “First Look” report. compared with the year-earlier month, April prepayments were up almost.
HAP Investments secures $55 million loan for its rental building at 2211 Third Avenue a week after new rent laws go into effect.. subject to the rent control laws.. New York Community Bank,
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New York Community Bancorp, Inc. engages in the production of multi-family loans on non-luxury rent-regulated buildings that feature below-market rents.
Bank shares. Shares of New York Community Bank, a lender to owners of rent-regulated buildings-including wiener, who had more than $730 million in loans at the end of March-are down 18% since.
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SeekingAlpha: New York Community Bank: About Those rent control laws earnings: The last annual fiscal eps for the company was reported at 0.79 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.96.
Based in Westbury, NY, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York.
We decline to speculate on what those changes will be,” said Kenneth Fisher, an attorney representing Pinnacle. Bank Shares. Shares of New York Community Bank, a lender to owners of rent-regulated buildings — including Wiener, who had more than $730 million in loans at the end of March — are down 18% since March 6.