Axos Financial (AX) Faces Allegations of Concealing Risks and Unconventional Lending Practices - Hagens Berman
Axos Financial (AX) Faces Allegations of Concealing Risks and Unconventional Lending Practices - Hagens Berman
AX Investors with Substantial Losses Encouraged to Contact Hagens Berman
鼓勵蒙受巨額損失的AX投資者聯繫哈根斯·伯曼
San Francisco, California--(Newsfile Corp. - June 13, 2024) - Hagens Berman urges Axos Financial, Inc. (NYSE: AX) investors who suffered substantial losses to submit your losses now.
加利福尼亞州舊金山--（Newsfile Corp.，2024年6月13日）——哈根斯·伯曼敦促Axos Financial, Inc. （紐約證券交易所代碼：AX） 遭受重大損失的投資者立即申報損失。
Visit:
Contact the Firm Now: AX@hbsslaw.com
844-916-0895
訪問：
立即聯繫公司： AX@hbsslaw.com
844-916-0895
Axos Financial Faces Allegations of Concealing Risks and Unconventional Lending Practices
Axos Financial面臨隱瞞風險和非常規貸款行爲的指控
In a recent investigation, activist short seller Hindenburg Research has turned its attention to Axos Financial, Inc. (NYSE: AX), a regional bank. The report alleges that Axos has deliberately hidden known risks related to its lending practices and the overall health of its loan portfolio.
在最近的一項調查中，激進賣空者興登堡研究已將注意力轉向了地區銀行Axos Financial, Inc.（紐約證券交易所代碼：AX）。該報告稱，Axos故意隱瞞了與其貸款行爲和貸款組合整體健康狀況有關的已知風險。
Commercial Real Estate Exposure Raises Concerns
商業房地產風險敞口引發擔憂
Hindenburg's detailed analysis reveals that Axos has significantly increased its exposure to commercial real estate (CRE) loans. Despite the CRE sector's struggles since the COVID-19 pandemic, Axos has doubled down, with CRE loans now constituting more than half of its total loan portfolio. This stands in stark contrast to industry trends, as a 2023 Moody's study found that regional banks typically have an average CRE exposure of only 16.5%.
興登堡的詳細分析顯示，Axos顯著增加了其商業地產（CRE）貸款敞口。儘管自 COVID-19 大流行以來，CRE行業一直處於困境，但Axos的貸款卻翻了一番，CRE貸款現在佔其貸款組合總額的一半以上。這與行業趨勢形成鮮明對比，穆迪2023年的一項研究發現，地區銀行的CRE平均風險敞口通常僅爲16.5％。
Lax Underwriting Standards and Potential Defaults
寬鬆的承保標準和潛在的違約
The report also highlights concerns about Axos' underwriting standards. Interviews with former employees suggest that the bank may have been willing to lend to borrowers rejected by other financial institutions, including individuals with criminal histories and precarious financial situations. Such leniency could result in a significant number of loan defaults in the future.
該報告還強調了對Axos承保標準的擔憂。對前僱員的採訪表明，該銀行可能願意向被其他金融機構拒絕的借款人貸款，包括有犯罪記錄和財務狀況不穩定的個人。這種寬大處理可能導致未來大量貸款違約。
Questionable Accounting Practices
可疑的會計慣例
Furthermore, the investigation raises red flags regarding Axos' accounting practices. While the bank's credit metrics appear strong, there are doubts about their accuracy. Loan-to-value ratios seem lower than industry norms, and non-performing loan rates remain suspiciously stable. The report suggests that Axos may be manipulating these figures to present a more optimistic picture to investors.
此外，該調查還引發了有關Axos會計慣例的危險信號。儘管該銀行的信貸指標看似強勁，但其準確性值得懷疑。貸款價值比率似乎低於行業標準，不良貸款利率仍然穩定得令人懷疑。該報告表明，Axos可能正在操縱這些數字，以向投資者呈現更加樂觀的畫面。
As the allegations unfold, investors and industry experts will closely monitor Axos Financial's response and actions. The bank's reputation and financial stability hang in the balance.
隨着指控的展開，投資者和行業專家將密切關注Axos Financial的回應和行動。該銀行的聲譽和財務穩定懸而未決。
"We're investigating whether Axos may have misled investors about its loan portfolio," said Reed Kathrein, the Hagens Berman partner leading the investigation.
領導調查的哈根斯·伯曼合夥人裏德·凱瑟琳說：“我們正在調查Axos是否可能在其貸款組合方面誤導了投資者。”
If you invested in Axos Financial and have substantial losses submit your losses now »
如果您投資了Axos Financial並蒙受了巨額損失，請立即提交虧損”
If you'd like more information about the Axos Financial investigation, read more »
如果您想了解有關Axos金融調查的更多信息，請閱讀更多”
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About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
關於 Hagens Berman
Hagens Berman是一家全球原告權益綜合訴訟公司，專注於企業問責。該公司擁有強大的執業經驗，代表投資者以及舉報人、員工、消費者和其他人，爲因公司過失和其他不當行爲而受到傷害的人員取得實際業績的案件。哈根斯·伯曼的團隊已在該法律領域獲得了超過29億美元的融資。有關該公司及其成功的更多信息，請訪問hbsslaw.com。關注該公司獲取最新動態和新聞，網址爲 @ClassActionLaw。
Contact:
聯繫人：
Reed Kathrein, 844-916-0895
裏德·凱瑟琳，844-916-0895
譯文內容由第三人軟體翻譯。