Ernst & Young has announced that 30-year real estate industry veteran Howard Roth has been named E&Y's global and Americas director of real estate. Mr. Roth, who previously headed the Northeast real estate practice of Ernst & Young US, will coordinate a network of 5,000 real estate professionals around the world from the organization's Global Real Estate Center offices in New York. He replaces Dale Anne Reiss, who retired on June 30. Mr. Roth said the Global Real Estate Center will focus on worldwide infrastructure development and privatization, sustainability and responsible property investing, and the credit slowdown, among other things. Ernst & Young can be found on the Web at http://www.ey.com.
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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 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
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 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
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