J. Christopher Hoeffel has been named president of the Commercial Mortgage Securities Association for 2008-2009. Mr. Hoeffel, a managing director at JP Morgan Chase, succeeded Leonard Cotton, vice-chairman of Centerline Capital, at the conclusion of CMSA's June convention, the association reported. He has been on the CMSA board of governors for the past six years. Mr. Hoeffel joined JP Morgan Chase in June after the acquisition of Bear Stearns & Co., where he had been global co-head of the Commercial Mortgage Department. Mr. Hoeffel previously worked for Eastdil Realty Inc. in New York and Walker & Dunlop Inc., a commercial mortgage banking firm in Washington.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
9h ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
11h ago -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
August 11 -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
August 11 -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
August 11 -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
August 11









