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.
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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.
September 24









