SeekingAlpha: New York Community Bank: About Those Rent Control Laws Earnings: The last annual fiscal EPS for the company was reported at 0.79 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.96.

One of the largest U.S. bank holding companies, with assets of $48.9 billion, New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment.

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Grassroots groups in New York City used data to target Signature Bank and New York Community Bank for making loans that directly financed displacement of mostly low-income tenants. Both banks have since endorsed and made changes reflecting the demands of those grassroots groups.

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Get breaking news and analysis on New York Community Bancorp, Inc. (nycb) stock, price quote and chart, trading and investing tools.. New York Community Bank: About Those Rent Control Laws.

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New York Community footprint in the New York metropolitan area (upper-left), southern Florida (upper-right), Ohio (lower-left), and Arizona (lower-right) Almost all of the loans originated by the bank are either multi-family or commercial loans, many of which are in New York City and are subject laws regarding rent control in New York .

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Such a muzzling of debate over rent control would never have happened in New York, where the periodic expiration of the rent laws forces legislators to acknowledge the several million people.

New York Community Bancorp Inc. New York Community Bancorp, Inc. engages in the production of multi-family loans on non-luxury rent-regulated buildings that feature below-market rents.

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Data by YCharts About those rent control laws. The stock market has become convinced that New York Community Bank will suffer from possible changes in rent control regulations. Indeed, there are.

Attorney General Eric Schneiderman announced the indictment of Mr. Croman at a press conference following the landlord’s appearance in Manhattan Supreme Court. The much maligned landlord and his debt broker, Barry Swartz, are accused of lying on mortgage applications to obtain financing from Capital One and New York Community Bank by saying that rent-regulated tenants in buildings were gone.

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