Monday's bankruptcy filing by commercial mortgage banking giant Capmark Financial lists dozens of individual shareholders who hold common equity in the company. Those shares, arguably, are now worthless. The largest individual shareholder appears to be Dennis Dammerman, chairman, of the Municipal and Infrastructure Assurance Corp., a financial guaranty insurance company that was formed earlier this year. Mr. Dammerman is best known for his management career at General Electric where he served as chairman and CEO of GE Capital Services. Another common shareholder is Scott Shay (92,764 units) who has been associated with Signature Bank of New York...
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In 8-minute presentations, tech providers showed how they're utilizing artificial intelligence to automate entire workflows, supercharge capacity and emphasize compliance.
6h ago -
The release of Fannie Mae and Freddie Mac's internal metrics support this process, but other measures will still be needed, according to Bank of America.
7h ago -
New September funding includes a Series A round for agentic platform Kastle and an investment into Celligence's AngelAI, both with natural-language features.
7h ago -
Borrowers hold a total of $17.9 trillion in home equity in the United States, equal to $310,000 per homeowner, according to Cotality.
10h ago -
ICE dropped its post-Dec. 31 SDK access fee as migration lags. Audit plugins, get written confirmation from ICE, budget for dual-running and weigh API-native rivals.
September 21 -
The latest runup alarmed lenders but offered some new servicing opportunities unique to this market that can benefit both sides of the business.
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