Stephen C. Dominiak, a veteran of 20 years in the real estate industry, has been named executive vice president and chief investment officer of BRE Properties Inc., San Francisco, effective Sept. 2. Mr. Dominiak, 44, will manage a 57-member team of development, acquisition, and construction professionals in Southern California, Northern California, and Seattle, BRE Properties said. Before joining BRE, his most recent position was divisional president and managing partner for JPI's western division. He also served as group vice president for Archstone-Smith Trust in Southern California and as division vice president for BRE in Southern California. BRE, a real estate investment trust that specializes in developing, acquiring, and managing apartments in the Western states, can be found online at http://www.breproperties.com.
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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.
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