Key takeaway: Dime Commercial Bancshares in New York is eyeing additional expansion in New Jersey after opening a branch in one of the Garden State’s fastest-growing municipalities. Supporting data: As Dime shifts to a commercial business model, its once-dominant multifamily portfolio continues to shrink, falling below 30% of total loans on June 30. Expert quote: […]
New Jersey is latest frontier in NY bank’s reinvention Read More »
Two Harbors Investment is fighting fire with fire, calling the lawsuit filed by UWM Holdings Corp. over their failed merger “frivolous” and saying its misgivings regarding the Pontiac, Michigan-based company have “been thoroughly vindicated.” Processing Content UWM filed its case in the U.S. District Court of Maryland, alleging willful breach of contract and fraud, seeking
Two Harbors fires back at UWM, calling lawsuit frivolous Read More »
President Donald Trump said he would examine whether the federal government can stop New York City Mayor Zohran Mamdani’s new pied-à-terre tax, which was temporarily blocked by a state court. Processing Content Trump in a social media post on Tuesday argued that the policy was costing the city by driving away wealthy people who would
Trump says US weighing attempt to stop NYC pied-a-terre tax Read More »