Bank Mutual Corp., Milwaukee, has hired Thomas H. Koepp as director of investment real estate lending for its Bank Mutual subsidiary bank.Mr. Koepp will have overall responsibility for the origination of "investment real estate mortgage loans" and for the development and implementation of investment real estate mortgage lending objectives, policies, and practices, Bank Mutual said. "Tom has a proven track record and will have a major impact on achieving our strategic goals in the important investment real estate lending line of business," said Michael T. Crowley Jr., chairman and chief executive officer of Bank Mutual Corp. Mr. Koepp has over 25 years of experience in investment real estate lending, according to Bank Mutual, and joins the bank from the Milwaukee-based St. Francis Bank division of MAF Bancorp, where he was most recently a vice president in the commercial real estate finance area.
-
The Federal Housing Administration, the Department of Veterans Affairs and the Federal Housing Finance Agency have started gathering data and analyzing how climate risk will impact the housing ecosystem.
9h ago -
A special committee is exploring any possible structural "strategic alternatives," which would be aimed at increasing shareholder value, the real estate investment trust said.
11h ago -
An insurance-indexed debt-to-income ratio could help mitigate borrowers' rising premiums, and help maintain a healthy servicing portfolio, experts said.
April 22 -
But the number of properties whose mortgage is more than 90 days late is at its lowest since 2006, ICE Mortgage Technology said.
April 22 -
Industry leaders expressed a high degree of satisfaction with technology in use, but also said a product's cost is the most important criteria for them when partnering with vendors, according to Fannie Mae research.
April 22 -
The top five loan officers produced an average of 628 loans in 2023.
April 22