The American Securitization Forum will be looking for a new executive director in the wake of current executive director George Miller's decision to resign next month. The ASF said deputy executive director Tom Deutsch will temporarily become acting executive director when Mr. Miller steps down on Dec. 16 and also will be considered as a candidate for the permanent executive director post, among others. Mr. Miller said he is leaving to pursue other interests. He plans to remain connected to the securitization industry, but not in an industry association capacity. The group said it will have a new permanent executive director in place by the time its annual meeting takes place Jan. 31-Feb. 3 next year.
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The filing alleges TWO executives engaged in a "stealth mission" to get the deal canceled, including subverting participation in a March shareholder vote.
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Some equity and credit agency researchers have lowered their sights in line with market changes, but their forecasts suggest stability for those that pivot.
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The new record arrives after five months of annual home-price growth, which surged to its highest in more than a year, according to ICE Mortgage Technology.
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The arm of the asset management giant is paying over $100 million for the Cherry Hill business started in part with Freedom Mortgage over a decade ago.
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The average down payment across the list was 17.1%, well above 13.1% nationally, and the median credit score was 766, compared with 747 countrywide.
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HBT Financial in Bloomington, Illinois, has agreed to acquire Tri-County Financial Group in a deal valued $204.6 million.
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