Peter H. Smith has been named vice president and real estate lending officer for the New York office of Miami-based Commercebank.Mr. Smith was most recently with Pearson Partners Inc., where he provided real estate and consulting services. He was previously vice president of the Real Estate Finance Group of Chase Manhattan Bank. Commercebank said Mr. Smith will be responsible for managing finance loans for land acquisitions and the development and construction of owner-occupied and income-producing properties.
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Total application volume fell by over 13.000 units on a month-to-month basis, with declines in purchase and refinance activity, Keefe, Bruyette & Woods said.
2m ago -
The financial industry has largely welcomed moves like the removal of a previously proposed increase for a broad multiplier but questioned mortgage details.
14m ago -
The Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. encouraged banks to heed Fincen guidance expanding the PATRIOT Act's safe harbor for voluntary information sharing between banks to combat fraud.
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The Request for Information follows Pres. Trump's March 13 executive order, "Promoting Access to Mortgage Credit," the Bureau said.
7h ago -
Community lenders, mortgage bankers and homeowners associations want more time to gear up for certain changes but officials see reasons to stay on track.
7h ago -
Retail lender Rate separately launched yet another non-mortgage brand, with outdoor saunas and other furnishings following a high-end performance wear line.
July 9








