Kevin Wack is American Banker's national editor, and is based in southern California. He was formerly the publication's consumer finance reporter and its Capitol Hill correspondent. Earlier, he worked on financial policy in Washington. He has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine.
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AssetAvenue, a marketplace lender that specializes in commercial real estate finance, announced that it has hired Peter Coleman as its chief financial officer.
July 31 -
RealtyMogul.com, a Los Angeles-based marketplace lending platform, announced a new $35 million round in venture capital funding Tuesday.
July 14 -
A new crop of P-to-P loan platforms is focusing on commercial real estate loans that get ignored by banks.
July 9 -
The delinquency rate on loans backed by the value of consumers' homes hit a postcrisis low in the first quarter, according to the American Bankers Association.
July 9 -
California Gov. Jerry Brown violated state law by diverting more than $331 million in mortgage settlement funds for uses unrelated to housing, a Superior Court judge ruled.
June 15
