Stephen M. Abelman, executive vice president of Criimi Mae Inc., has left the real estate investment trust to "pursue other interests," but has entered into a consulting agreement with the company, according to the Rockville, Md.-based REIT.Mr. Abelman's consulting contract runs through June 30, 2006, and he will assist the company in its review of strategic options and other key management tasks, the REIT said. Mark R. Jarrell, Criimi Mae's president and chief operating officer, will assume Mr. Abelman's responsibilities. Criimi Mae can be found on the Web at http://www.criimimaeinc.com.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
2h ago -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
3h ago -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
10h ago -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
11h ago -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
April 18 -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
April 18