Philip M. Cedar has been named a partner in the financial services practice of the New York office of Kirkpatrick & Lockhart Preston Gates Ellis LLP. Mr. Cedar joins K&L Gates from Bear Stearns, where he was a senior managing director in the company's legal department and a group practice leader for the mortgage- and asset-backed securities division. Mr. Cedar has counseled a wide array of financial institutions and professionals on matters such as structuring and securities trading and financing, the law firm said.
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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.
9h ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
11h ago -
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 -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
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