P. Sheridan "Schecky" Schechner is joining J.P. Morgan Chase as national head of origination for commercial mortgage-backed securities in the fall, according to a company spokesman.Mr. Schechner has worked at Goldman Sachs for the last 20 years, and his appointment to the newly created position at Goldman is a "pretty strong symbol we're planning on making a real investment in the business," the spokesman said. In his new position, Mr. Schechner will report to the co-heads of J.P. Morgan Chase's CMBS unit, Steve Schwartz and Brian Baker.
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The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
8h ago -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
8h ago -
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
11h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
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The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
June 23







