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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A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
9h ago -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
11h ago -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
August 11 -
The new Stratmor study sizes up a part of the business that has become an acquisition target and examines what players who use third parties to service want.
August 11 -
The Mortgage Bankers Association says the three-day post-close period is redundant, but consumer groups called it vital for borrowers and required by law.
August 11 -
Homeowners won't trade in their cheap mortgages so lenders keep finding other ways to reach that equity. Bond buyers keep showing up.
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