Frank Bass and Linda Stewart AP Writers Dallas — Banks expanded at a breathtaking pace over the past five years, adding more than 10,000 full-service branches, but barely 1 in 10 were in inner-city, minority neighborhoods, another sign the financial ...
Read More »Commercial real estate market staggers through financial crisis
Alex Veiga AP Real Estate Writer The residential housing market went into a tailspin over a burst housing bubble and a whole lot of bad mortgages. The commercial real estate market has suffered a different sort of one-two punch. Between ...
Tagged with: banks commercial lending real estate recession
Read More »Bailout repayments could start in June
Martin Crutsinger AP Economics Writer Washington (AP) — The Federal Reserve said Tuesday that approval for big banks seeking to repay bailout money could start in early June. A Fed official said several of the country’s 19 largest banks that ...
Tagged with: bailout banks Federal Reserve
Read More »Fed says banks tightening loan standards
Jeannine Aversa AP Economics Writer Washington — A larger share of banks has made it more difficult for people to obtain home mortgages over the last three months even as demand has grown, the Federal Reserve reported Monday. The Fed’s ...
Tagged with: banks home sales loan mortgage
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