Signature’s multifamily lending decreased 13%, 10 percentage points below the overall multifamily drop, while NYCB’s went down 53%, 30 percentage points below, according to a recent CrediFi report. One factor that could potentially explain New York Community Bank’s larger drop in lending is that the bank appears to be making an effort to keep its total assets below $50 billion, the threshold at which banks are designated as “systemically important” under the Dodd-Frank Act.
Mary Kovac Goldberg (Parrino)
Head of Customer Success
Mary has over 25 years of experience in sales and customer engagement, including more than a decade at Thomson Reuters. She is the former head of client services at Complinet, a global compliance and risk software company that was acquired by Thomson Reuters, and led account management for over 15 years at NYSE/Sector’s outsourcing services division. Mary has an MBA in information systems from Pace University and a bachelor’s of science in computer science from Hofstra University.