Marielle Jan de Beur has been named to head global commercial mortgage-backed securities research at Bear, Stearns & Co., New York.Ms. Jan de Beur, a managing director, will be responsible for providing advice and analysis for investors on the CMBS and commercial debt obligation markets. She was most recently head of U.S. CMBS research at Morgan Stanley, and she was previously a senior analyst for Legg Mason Wood Walker's real estate equity research group, Bear Stearns said. Bear Stearns can be found on the Web at http://www.bearstearns.com.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
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The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
August 12 -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
August 12 -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
August 12 -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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