Morgan Stanley said John Klopp is joining the company as head of Americas real estate investing and global real estate debt, investing effective February 1. Mr. Klopp is a 30-year veteran of the real estate industry, recently serving as CEO of the investment management and real estate finance firm he co-founded, Capital Trust. During his career he was also a founder and managing partner of private merchant banking boutique Victor Capital Group, a specialist in workouts and distressed debt.
-
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 -
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 -
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 -
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.
September 24









