Rodney A. Montag has been named an executive managing director of the recently formed Cantor Real Estate LLC, according to New York-based Cantor Fitzgerald LP. Launched in May, the group is pursuing investment opportunities in select real estate sectors (including distressed real estate investment loans) with "a value-add focus on development and redevelopment assets," Cantor Fitzgerald said. Mr. Montag, who has over 20 years of real estate acquisition and development experience, will lead the venture along with executive managing director Andrew N. Stark, with whom Mr. Montag worked closely at WCI Communities for over 10 years.
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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 -
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 -
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 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









