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 lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28 -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
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Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28 -
The pending end of the program comes as over half of U.S. states have already ceased accepting new applicants for federal aid aimed to help struggling households with mortgage payments.
March 28 -
But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said.
March 28 -
Mortgage payments rose 10% year-over-year to an all-time high for March, Redfin said.
March 28