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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New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
34m ago -
GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
34m ago -
A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
34m ago -
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 -
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








