Greg L. Cox has been named co-chief investment officer and senior portfolio manager at Capri Real Estate Securities, Chicago.Mr. Cox was most recently the portfolio manager with the University of Texas Investment Management Co. and the UT Investment Office. He managed a public real estate portfolio for the two institutions from April 1993 through the end of September 2005, Capri said. Thomas S. Dreyer, Capri's chief executive officer and co-CIO, said Mr. Cox will enable Capri to offer its first "long-only" real estate investment trust product as part of its recently launched U.S. REIT strategy.
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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 -
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 -
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 -
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.
September 24









