Terry Brubaker, president and chief operating officer of Gladstone Commercial Corp., McLean, Va., has been named vice chairman of the board, and George "Chip" Stelljes has been named to replace him as president.Mr. Brubaker will retain his positions as COO and secretary, and Mr. Stelljes will retain his post as chief investment officer, the company said. Mr. Stelljes was previously executive vice president of the company since its inception in 2003. Gladstone is a real estate investment trust that focuses on investing in and owning triple-net-leased industrial and commercial properties. It can be found on the Web at http://www.gladstonecommercial.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 -
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 -
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 -
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.
September 24









