Laura Trop has been named managing director and head of commercial real estate lending at Deutsche Bank's U.S. Private Wealth Management business.Ms. Trop will be charged with expanding PWM's structured lending business to real estate developers and entrepreneurs, and with "strategically aligning" PWM's commercial real estate business within Deutsche Bank's Global Banking Division, the bank said. She was most recently a director in the Commercial Real Estate Group at Citigroup's Private Bank. Ms. Trop was previously a founder and a partner of Foray Capital, a real estate consulting firm. Deutsche Bank can be found online at http://www.db.com.
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The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
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Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
7h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
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William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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