Christopher P. Mundy has been appointed executive vice president and chief investment officer of Washington Real Estate Investment Trust, Rockville, Md.Mr. Mundy was most recently EVP of strategic planning and operations at Equity Office Properties Trust, where he supervised five regional business units in the Eastern United States from 2000 to 2004. Before that, he spent nine years in EOP's Washington, D.C., office, most recently as senior vice president of the Eastern Division. Washington REIT invests in income-producing properties in the greater Washington/Baltimore metropolitan region. It can be found on the Web at http://www.writ.com.
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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 -
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 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
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 -
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 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









