Posts Categorized: Commercial Loans

Merchants Financial Group: A Lot Of Bang For Your Buck

Posted by & filed under Commercial Loans.

Summary Hidden in the over the counter market, Merchants Financial Group is outearning its peers. Specializing in commercial loans, Merchants has found its niche and has been growing its portfolio by more than 10% a year. The inconsistency of non-interest gains threatens the banks earning power, but work is being put into building core operations. […]

Starwood Property Trust Announces Adjustment of Conversion Rates For 4.55 …

Posted by & filed under Commercial Loans.

GREENWICH, Conn., June 26, 2014 /PRNewswire/ — Starwood Property Trust, Inc. today announced that the conversion rate applicable to its outstanding 4.55% Convertible Senior Notes due 2018 has been adjusted to 44.6455 from 44.1753 and the conversion rate applicable to its outstanding 4.00% Convertible Senior Notes due 2019 has been adjusted to 47.5456 from 47.1092, […]

A Look At The Loan Portfolios Of The Largest U.S. Banks

Posted by & filed under Commercial Loans.

The banking industry has benefited from steady growth in loans over the last two years – something that has partially nullified the impact of rapidly declining net interest margins on top line figures for the banks. As the economy improves, individuals and companies have become more optimistic and have taken on more debt as they […]

Auction.com to stop selling residential loans

Posted by & filed under Commercial Loans.

The company, which made a name selling distressed properties after the financial crisis, came under fire last year in connection with a lawsuit over RMBS loans sold on the site. RMBS bondholders sued Nationstar Mortgage Holdings for selling roughly US$150m in soured securitized home loans on Auction.com without notifying them. But Sharga told IFR that […]

Commercial Bancshares: Mighty Little Bank Meaningfully Undervalued (CMOH)

Posted by & filed under Commercial Loans.

Searching through the micro-cap space we continue to uncover highly profitable commercial banks that continue to go unnoticed, leaving them extremely undervalued but for no real good reason. Market caps are so small that many institutional investors are unable to own these banks while retail investors recency bias towards disliking anything financial has left plenty […]

UCB closes on deal with Columbia-based commercial lender

Posted by & filed under Commercial Loans.

United Community Banks Inc. announced Friday the closing of its acquisition of Business Carolina Inc., a Columbia-based commercial lender. The Blairsville, Ga. company said the deal includes approximately $25 million of loans, $6 million of other assets and substantially all of Business Carolina’s employees. “We are pleased to welcome the customers and employees of BCI […]

Are auto loans a subprime crisis in the making?

Posted by & filed under Commercial Loans.

The New York attorney general filed a securities fraud lawsuit against British bank Barclays, accusing the firm of giving an unfair advantage to high-frequency traders in the US, while claiming to protect other clients from the HFTs. Its the highest profile case weve seen yet, according to Reuters, as a result of authorities attempts to […]

Florida Commnuity Bank files IPO

Posted by & filed under Commercial Loans.

Its holding company, formerly known as Bond Street Holdings, filed a registration statement with the US Securities and Exchange Commission to list Class A Common Stock on the New York Stock Exchange under the trading symbol FCB. However, the holding company did not list the range of initial stock prices. Florida Community spokeswoman Isa Andrews […]

FirstKey Lending Launches Commercial Real Estate Lending Program

Posted by & filed under Commercial Loans.

NEW YORK, June 26, 2014 /PRNewswire/ –FirstKey Lending, LLC, a leading provider of financing for investors in one- to four-family rental properties, has introduced FirstKey Commercial, its new commercial real estate lending program. Building on the success of its one- to four-family rental finance business, with the launch of FirstKey Commercial, FirstKey Lending, LLC will […]