Wells Fargo (NYSE:WFC) announced Thomas R. Nides has resigned as its vice chairman, one month after he joined the company. Nides joined Wells Fargo after retiring in July as U.S. Ambassador to Israel, a post he had held since 2021. In announcing his departure, Nides...
Cenlar FSB, a Ewing, New Jersey-based mortgage loan subservicer, has named David Schneider as the company’s president. Schneider joined the company earlier this year as chief financial officer. Before coming to Cenlar, he was the president of CitiMortgage, president...
One of the most prominent thought leaders in the mortgage and real estate sectors has faulted the Biden White House for a “significant leadership void” on the subject of housing. David H. Stevens, the former president and CEO of the Mortgage Bankers Association,...
The Biden administration is supporting the conversion of vacant commercial properties into residential housing, although it declined to allocate any new funds for this endeavor. “The actions announced today build upon the initiatives in the White House Housing Supply...
CBRE Group Inc. (NYSE:CBRE) announced the investment banking team from Sera Global, a global independent real assets advisor, has joined the company. The Sera team has offices worldwide – including New York City, London, Los Angeles, Toronto, Boston, Frankfurt,...