Jeffrey A. Wiseman and Kevin D. Walsh have been named co-heads of mezzanine lending at JER Investors Trust Inc., a McLean, Va.-based company that originates and acquires commercial real estate structured finance products.Mr. Wiseman was also named a director of J.E. Robert Co. and will be based in the companies' New York City office, while Mr. Walsh, who joined JER in May 2006, will continue as a director of J.E. Robert, the companies reported. Mr. Wiseman was most recently a vice president at JPMorgan, and he was previously employed by Capital Trust Inc. Mr. Walsh was previously employed for 17 years by Wells Fargo Commercial Mortgage Finance. JER can be found on the Web at http://www.jer.com.
-
The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
1h 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.
1h 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.
1h ago -
Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
2h 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.
2h 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.
4h ago








