Granite Point Mortgage Trust has completed its previously announced 1-for-10 reverse stock split, reducing the commercial mortgage REIT’s outstanding common-share count from roughly 48.2 million to about 4.8 million while a broader review of strategic...
New York City-based Granite Point Mortgage Trust Inc. (NYSE: GPMT) has named Blake Johnson as its next chief financial officer (CFO), effective Dec. 1. Johnson will join the company no later than Oct. 28 as deputy CFO before assuming the CFO role. He will succeed...
Small Mortgages Fall Below 3% of Originations, Exposing Rural Lending Gap
