Moody's Investors Service has appointed Kei Kitayama, an executive who has worked as a commercial mortgage-backed securities analyst in Japan, as the new representative director of Moody's Japan K.K. in Tokyo.Mr. Kitayama has served in a variety of capacities in his six years at Moody's, most recently as managing director for structured finance. He has also served as managing director for CMBS and esoteric assets. He replaces Naoki Yamauchi, who plans to leave the company in February to pursue a long-held interest in teaching, according to Moody's. The rating agency can be found on the Web at http://www.moodys.com.
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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.
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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.
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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.
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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.
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