Real estate investment banking firm and commercial mortgage broker Johnson Capital has opened an office in Chicago and named vice president Brendan Hotchkiss to head it. The office will specialize in debt and equity as well as structured finance with a focus on commercial properties. "A contributing factor to Johnson Capital's decision to expand to Chicago was the resilience of the city's commercial real estate market despite the downturn in the credit markets," the company said.
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The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
August 11 -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
August 11 -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
August 11 -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
August 11 -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
August 11








