Vestin COO Resigns

December 05, 2003, 3:00 p.m. EST 1 Min Read

Vestin Group, a Las Vegas-based commercial mortgage lender and asset manager, has reported the resignation of Steve Byrne as chief operations officer and director of the company.The resignation is effective Nov. 30. Mr. Byrne has resigned to "pursue other interests," according to Vestin. Steve Stern of Stern & Co., Vestin's public relations representative, said Vestin is not looking for a successor at the moment, but will be "at some point." He declined to comment further.

For reprint and licensing requests for this article, click here.

TRENDING

Earnings

Mr. Cooper's profits triple as servicing's fortunes improve

The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.

By Bonnie Sinnock

17m ago
Flood insurance

Florida's home insurance industry may be worse than anyone realizes

"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.

By Leslie Kaufman

34m ago
Mortgage applications

Potential buyers stay home during latest rate surge

The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.

By Spencer Lee

5h ago

MORE FROM NATIONAL MORTGAGE NEWS

Earnings

Mr. Cooper's profits triple as servicing's fortunes improve

The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.

By Bonnie Sinnock

17m ago
Mortgage applications

Potential buyers stay home during latest rate surge

The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.

By Spencer Lee

5h ago
2024 Top Producers

20 producers with the largest VA and USDA loan volume

The top five producers had an average dollar volume of VA and USDA loans of more than $35 million in 2023.

By NMN Staff

6h ago
Regulation and compliance

'Through the looking glass': Jamie Dimon sounds off on regulatory burden

The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.

By Catherine Leffert

9h ago
Homebuilders

NVR profits approach $400 million

While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.

By Spencer Lee

April 23
Litigation

If Supreme Court sides with CFPB, 'flurry' of litigation moves forward

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

By Kate Berry

April 23