Jack Milligan, editor-at-large for Bank Director
The banking industry’s love affair with real estate lending grew steamier in 2013 as the broad market continued its strong recovery from a catastrophic downturn just five years ago. And to a large degree, the market’s rebound—including both residential and commercial real estate—helped power the top placed finishers in Bank Director magazine’s 2014 Growth Leaders Ranking, which was based on results for the first three quarters of 2013. Although the residential mortgage market did start to cool off in the fourth quarter as long-term interest rates began trending upward, real estate lending was still a good business to be in...
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Jack Milligan is editor-at-large of Bank Director, an information resource for directors and officers of financial companies. You can connect with Jack on LinkedIn or follow @BankDirectorEd on Twitter.