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 servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
9h ago -
The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
10h ago -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
10h ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
10h ago -
Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
11h ago -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
August 12








