Wells Fargo’s review of the commercial real estate ... Property values showed greater stability, with prices recording modest growth, though they remained below their 2021 highs.

Wells Fargo (WFC) could face losses of up to $3 billion on its commercial real estate (CRE) office loan portfolio ... performance offers a source of stability in an otherwise turbulent sector.

Wells Fargo’s economists said commercial real estate nationally may have begun stabilizing. “Some semblance of stability may have ... higher in many types of CRE, especially office, industrial ...

The 3Q results from Wells Fargo highlights that this ... Crisis,” in which we mentioned that CRE lending is one of the major issues for the stability of the U.S. banking system, and, importantly ...

Hence, banks have been cutting back exposure to commercial real estate (CRE) loans and even eyeing loan sales to ease pressure on their loan portfolios. Similar to Wells Fargo, this month ...

Amid ongoing pressures in commercial real estate, Wells Fargo has reached an agreement to sell a big piece of its CRE mortgage servicing business. Wells Fargo to unload more real estate $5M grant ...

Since June 2020, the S&P 500 has delivered a total return of 93.6%. But one standout stock has nearly doubled the market - ...

Wells Fargo CFO Mike Santomassimo said on the post-earnings call with analysts that while losses in the bank's CRE office portfolio increased in Q2, they were "in line" with expectations.

Wells Fargo sued JPMorgan Chase on Monday, accusing the country’s biggest bank of failing to conduct due diligence on a $481 million commercial real estate loan. San Francisco-based Wells ...

As of June 30, Wells Fargo serviced and sub-serviced $543 billion in commercial mortgages for other companies, according to an August filing. While it’s giving that up to Trimont, it will continue to ...