Robert L. Levy has been named chief financial officer of American Mortgage Acceptance Co., a New York-based real estate investment trust, and of New York-based CharterMac, AMAC's external adviser.Mr. Levy, who has been CharterMac's director of capital markets since 2001, will replace Alan P. Hirmes, who will remain chief operating officer of CharterMac and a member of AMAC's board, the companies said. Mr. Levy was previously a vice president in the real estate equity research and investment banking departments of Robertson Stephens, San Francisco. CharterMac can be found online at http://www.chartermac.com, and AMAC can be found at http://www.americanmortgageco.com.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
5h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
5h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
6h ago -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
June 22 -
AI is leaving its marks in a wave of recent pro se litigation with fabricated citations and debunked arguments found throughout lawsuits, attorneys say.
June 22









