For at least the fifth consecutive quarter, the Providence, Rhode Island, company increased its allowance for credit losses on general office loans, which continue to be a problem area for banks.
https://www.nationalmortgagenews.com/news/citizens-financial-again-builds-up-reserves-to-shield-against-office-losses
Pros see longevity for residential transition loans
The industry's biggest opportunities involve the evolving cost of capital, which will shift...
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