Morgan Stanley and Bank of America Merrill Lynch are marketing $1.5 billion of commercial mortgage-backed securities.
In this new position, Patricia Kauker will be responsible for managing the reverse mortgage lenders training and development program and create initiatives that will help expand the program.
On the Mortgage Grapevine, poster Accptmort is looking for a commercial correspondent purchaser in Wisconsin who accepts loans or referrals from mortgage brokers.
DBRS found in a commercial mortgage-backed securities investor survey that the majority of respondents expect their holdings to increase over the next 12 months despite some concerns about loosening underwriting standards in the sector.
The Orion Financial Group has introduced i3, a proprietary mortgage document imaging and storage services software for small to medium-sized investors.