Prudential Mortgage Capital, Newark, N.J., has appointed Carmen Bowser a principal with the company's National Accounts Group in New York City.Ms. Bowser will be responsible for covering direct lending relationships in the origination of loans through Prudential's various capital sources, including general account, conduit, Fannie Mae, bridge, and mezzanine loans, Prudential said. Ms. Bowser joins the company from TIAA-CREF, where she was responsible for originating commercial mortgage loans in the eastern United States and Canada. She has also done a previous stint with Prudential, in the corporate finance and commercial mortgage areas, the company said. Scott Chisholm, also a principal, will continue to be responsible for covering all mortgage banking relationships as well as direct relationships in the New York region.
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The California-based lender announced Wednesday the addition of One Goal Mortgage, a branch serving the Omaha, Nebraska, metro area and Southwest Iowa.
3h ago -
Better is focusing on its U.S. mortgage unit, which reported higher-than-expected preliminary loan volumes and priced a stock offering.
4h ago -
A new Basel III proposal offers mixed results for warehouse lending, with some risk-weight relief for banks but tougher terms that could crimp credit availability for nonbank mortgage lenders.
6h ago -
Roughly a third of homeowners with a mortgage rate less than 6% would not give up their rate for any reason, according to a survey of 1,000 mortgage holders.
8h ago -
In other news, Better Mortgage completed warehouse renewals and Wolters Kluwer provided a new form of access to its digital vault platform for secured parties.
April 8 -
A United Wholesale Mortgage executive stepped in to defend a claim against the company, as consumers pelt the industry with more spam call complaints.
April 8






