What are Broadway Financial's Business Segments?
Single Family—Subject to adverse employment conditions in the local economy
leading to increased default rate; decreased market values from oversupply in
a geographic area; impact on borrowers' ability to maintain payments in the event
of incremental rate increases on adjustable rate mortgages.
Multi-Family—Subject to adverse various market conditions that cause
a decrease in market value or lease rates; change in personal funding sources
for tenants; oversupply of units in a specific region; a shift in population;
reputational risks.
Commercial Real Estate—Subject to adverse conditions in the local economy
which may lead to reduced cash flows due to vacancies and reduced rental rates;
decreases in the value of underlying collateral.
Church—Subject to adverse economic and employment conditions leading
to reduced cash flows from members' donations and offerings; the stability,
quality and popularity of church leadership.
Construction—Subject to adverse conditions in the local economy which
may lead to reduced demand for new commercial, multi-family or single family
buildings or reduced lease or sale opportunities once the building is complete.
Commercial—Subject to industry and economic conditions including decreases
in product demand.
Consumer—Subject to adverse employment conditions in the local economy,
which may lead to higher default rates.
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