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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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









