February 16, 2024 BY PureContent
Is there a crisis brewing in the US real estate market?
A similar case involved New York Community Bancorp (NYCB). The company reported a loan loss provision that was 10 times higher than analysts were anticipating. The loss was $552m, and it led to shares plunging by 60%. Don’t miss out the latest news, subscribe to LeapRate’s newsletter The main reason for these cases is…
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