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.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
34m ago -
Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
39m ago -
Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
1h ago -
SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
8h ago -
The bank's marketing, which hid the nature of its solicitations, led some borrowers to apply for cash-out refis that increased monthly payments, the OCC said.
April 16 -
While last year was the best for origination income since 2022, annual net servicing revenue for mortgage bankers was approximately 70% below 2024's level.
April 16







