Jonathan Polansky, group managing director of the Asset Finance Group at Moody's Investors Service, has been named to the rating agency's newly created position of structured finance global surveillance coordinator. Mr. Polanksy will work closely with the rating agency's surveillance and line-of-business managers to enhance the monitoring of Moody's-rated structured deals, Moody's said. "Over the past several years, as the number of rated deals outstanding has grown rapidly, so has our investment of resources in the monitoring of those ratings," said Moody's executive vice president Noel Kirnon. "We have transferred a significant number of analysts and management resources to surveillance teams globally, and this latest appointment is another example of our commitment to this important area." Moody's can be found online at http://www.moodys.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.
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