Ben M. Cornish has been named senior vice president and chief operating officer for China at AMB Property Corp., a new position at the San Francisco-based global developer and owner of industrial real estate. Mr. Cornish, 39, was most recently president of GMS China, a developer of retail properties throughout China. He was previously in charge of China real estate development for Wal-Mart International for five years, and he also served as managing director for Southeast Asia at Koll Development and developed warehouses for Trammell Crow in both the United States and China. AMB Property can be found online at http://www.amb.com.
-
House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









