John Garth has been named chief operating officer and senior vice president of American Mortgage Acceptance Co., a New York City-based multifamily real estate investment trust.Mr. Garth will assume the position May 24, when Alan Himes, the company's chief financial officer and interim COO, steps down from the latter post, AMAC said. Mr. Garth has nearly 20 years' experience in the real estate industry, most recently as senior vice president and production manager at GMAC Commercial Mortgage Corp., AMAC said. The REIT can be found on the Web at http://www.americanmortgageco.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









