CIT Commercial Real Estate, a unit of CIT Group Inc., has announced the appointments of Greg Geletka, Bruce Quinn, Jerome Sanzo, Natalie Wilensky, and Timothy Zietara as managing directors and senior executives.Mr. Geletka, a former managing director at Deutsche Bank Berkshire Mortgage, was named a managing director and chief investment officer. Mr. Quinn, a former president and chief executive officer of Cushman & Wakefield Net Lease Trust Inc., was named managing director and head of sale-leaseback financing. Mr. Sanzo, formerly a senior vice president at GE Capital Markets Inc., where he managed the real estate loan syndications and sales team, was named a managing director and head of real estate capital markets. Ms. Wilensky, formerly a principal and member of Hilco Real Estate LLC, has been named a managing director and serves as a senior investment banker for the advisory group. Mr. Zietara, who was formerly a senior vice president and regional manager of Wells Fargo's Real Estate Group, was named a managing director and head of real estate structured finance.
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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.
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