Moody's Investors Service has named Nicholas Levidy and Paolo Obias managing directors in its commercial mortgage-backed securities group.Mr. Levidy joined Moody's in 1998 as a vice president/senior analyst. Before joining the credit rating agency, Mr. Levidy was a senior counsel for real estate and corporate finance with PNC Bank, according to Moody's. He will continue to report to Tad Philipp, co-head of Moody's U.S. CMBS group. Mr. Obias joined Moody's in 1997. From 1999-2001, he worked in the rating agency's Tokyo office. Prior to joining Moody's, Mr. Obias held professional positions at two Indonesian real estate firms, Moody's said. He will continue to report to Jim Duca, co-head of Moody's U.S. CMBS group. The rating agency can be found online at http://www.moodys.com.
-
The new law adds rules, including counseling requirements, which would put severe constraints on originations of HEIs, an industry representative said.
2h ago -
Federal Reserve Gov. Christopher Waller said certain corporate functions at the 12 regional banks, including information technology and human resources, could be consolidated under one structure to increase standardization and reduce costs.
3h ago -
More than 21% of reverse mortgage clients entered counseling with a deficit in their monthly budget last year, almost double the 12.2% of clients in 2024.
4h ago -
Kevin Warsh, President Donald Trump's pick to lead the Federal Reserve, denied that he would act as Trump's "sock puppet" if he's confirmed and said the president has directed him to lower interest rates.
5h ago -
The Chicago-based homeowners received a $41,000 check to pay down a portion of their existing mortgage, freeing them from the lock-in effect, DREAM product provider Takara said.
6h ago -
March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax's latest national housing report.
8h ago










