Bank of America Home Loans

TCW Names Peter Van Gelderen as Global Co-Head of the Securitized Group

Retrieved on:

Monday, August 14, 2023

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The TCW Group, a global independent asset management firm, today announced that Peter Van Gelderen will join the Firm as Global Co-Head of the Securitized Group.

Key Points:

The TCW Group, a global independent asset management firm, today announced that Peter Van Gelderen will join the Firm as Global Co-Head of the Securitized Group.
He joins Elizabeth (Liza) Crawford who has been Global Co-Head of Securitized since 2020.
Together, they will lead securitized product research and investment decisions to support the expansion of TCW’s fixed income assets and capabilities.
Mr. Van Gelderen brings nearly two decades of experience in structured and securitized products.

INDEPENDENT LIFE APPOINTS GEORGE LUECKE AS CHIEF OPERATIONS OFFICER

Retrieved on:

Tuesday, June 20, 2023

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JACKSONVILLE, Fla., June 19, 2023 /PRNewswire/ -- Independent Life Insurance Company ("Independent Life") announced today the appointment of George Luecke as Chief Operating Officer ("COO").

Key Points:

JACKSONVILLE, Fla., June 19, 2023 /PRNewswire/ -- Independent Life Insurance Company ("Independent Life") announced today the appointment of George Luecke as Chief Operating Officer ("COO").
Luecke will continue to serve as President & Chief Strategy Officer of Independent Insurance Group, LLC ("Independent Group"), Independent Life's parent.
As Independent Life COO, he will report to James Atkins, Independent Life's Chief Executive Officer, and will continue to report to Michael Upchurch, Independent Group's Chairman and Chief Executive Officer, in his group roles.
Prior to beginning to work with Independent Group in 2019, he served as an executive at long-established insurance companies such as MetLife in addition to entrepreneurial start-ups.

BofA Finds Younger House-Hunters Undeterred by What Many Believe is a Seller's Market

Retrieved on:

Tuesday, May 9, 2023

Bank of America Home Loans, Housing, Gen, Friends, Perception, Sale, Generation Z, Bank of America, Millennials, Bank, Environment, Family, Real estate

CHARLOTTE, N.C., May 9, 2023 /PRNewswire/ -- Many hopeful homebuyers – especially those in their 40s and younger – are forging ahead with plans to buy homes despite believing the market favors sellers, according to Bank of America's 2023 Homebuyer Insights Report. And while more than half of prospective homebuyers surveyed (55%) believe the market is more competitive than last year, just as many (54%) plan to either speed up their home purchases or buy when they originally planned, including 62% of Gen Z and 55% of Millennial homebuyers.

Key Points:

Two in five surveyed Americans (39%) believe this is a seller's market, while 18% say it's a buyer's market and 31% say it's neither.
Buying challenges included high prices and interest rates (51%); lack of cash reserves for down payments (37%); and low credit scores (37%).
Homebuyers are doing the right thing by taking time to understand the market, weigh their priorities and determine what fits into their budgets."
Even hopeful buyers who may be waiting for the housing market to cool are still forging ahead in their own way.

MASTERWORKS EVP EVAN BEARD LAUNCHES NEW ART GALLERY SUBSIDIARY, LEVEL & CO. IN NEW YORK CITY

Retrieved on:

Monday, May 8, 2023

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The gallery will focus on post-war and contemporary works of art valued above $1 million.

Key Points:

The gallery will focus on post-war and contemporary works of art valued above $1 million.
It will also collaborate commercially with art market intermediaries like galleries, art advisors, and auction houses as well as the estates and foundations of the artists it handles.
"We are thrilled to open Level & Co. to work closely with our clients on the acquisition and market analysis front.
Level & Co. will operate out of their by-appointment space located at 30 East 74th street on New York's Upper East Side.

PennyMac Mortgage Investment Trust Announces Doug Jones Joined Its Board of Trustees

Retrieved on:

Friday, March 10, 2023

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Doug Jones, President and Chief Mortgage Banking Officer, joined its Board of Trustees effective March 7, 2023.

Key Points:

PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that Doug Jones, President and Chief Mortgage Banking Officer, joined its Board of Trustees effective March 7, 2023.
In his role as President of PennyMac Mortgage Investment Trust, Mr. Jones is responsible for the company’s mortgage banking activities, including correspondent loan production and loan servicing.
“I am delighted to announce Doug Jones’ election to our Board of Trustees,” said PennyMac Mortgage Investment Trust’s Chairman and Chief Executive Officer David Spector.
On behalf of our Board, I welcome Doug with great enthusiasm.”
Prior to joining PennyMac Mortgage Investment Trust, Mr. Jones worked in several executive positions at both Countrywide Financial Corporation and Bank of America Corporation, as its successor, where he was responsible for correspondent and warehouse lending, the management and oversight of retail sales, and other ancillary mortgage businesses.

PennyMac Financial Services, Inc. Announces Doug Jones Joined Its Board of Directors

Retrieved on:

Thursday, March 2, 2023

REIT, Finance, Banking, Professional Services, Construction & Property, NYSE, Bank, Growth, PennyMac Financial Services, Economics, Bank of America, Bank of America Home Loans, Nidec-Shimpo America Corporation, California State University, Management

PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Doug Jones, President and Chief Mortgage Banking Officer, joined its Board of Directors effective March 1, 2023.

Key Points:

PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Doug Jones, President and Chief Mortgage Banking Officer, joined its Board of Directors effective March 1, 2023.
In his role as President of PennyMac Financial, Mr. Jones is responsible for all business activities relating to the company’s loan production and servicing operations.
“I am delighted to announce Doug Jones’ election to our Board of Directors,” said PennyMac Financial’s Chairman and Chief Executive Officer David Spector.
“Doug has made countless contributions to the growth and success Pennymac has achieved since he joined our executive management team more than 10 years ago.

Air Products' Chief Operating Officer, Dr. Samir J. Serhan, to Speak at Bank of America's 2023 Global Agriculture and Materials Conference on March 1

Retrieved on:

Wednesday, February 22, 2023

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LEHIGH VALLEY, Pa. , Feb. 22, 2023 /PRNewswire/ -- Air Products today announced that Chief Operating Officer Dr. Samir J. Serhan will speak at Bank of America's 2023 Global Agriculture and Materials Conference on Wednesday, March 1, 2023 at 8:10 a.m. USET.

Key Points:

LEHIGH VALLEY, Pa. , Feb. 22, 2023 /PRNewswire/ -- Air Products today announced that Chief Operating Officer Dr. Samir J. Serhan will speak at Bank of America's 2023 Global Agriculture and Materials Conference on Wednesday, March 1, 2023 at 8:10 a.m. USET.
Access to the session is available via Air Products' Investor Relations Event Details website.

HONEYWELL TO HOST LEADERSHIP WEBCAST FOR INVESTORS ON DECARBONIZATION

Retrieved on:

Monday, February 13, 2023

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A live webcast of the presentation and any related presentation materials will be available through the Investor Relations section of the company's website ( www.honeywell.com/investor ).

Key Points:

A live webcast of the presentation and any related presentation materials will be available through the Investor Relations section of the company's website ( www.honeywell.com/investor ).
A replay of the webcast will be available for 30 days following the presentation.
Honeywell ( www.honeywell.com ) delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally.
Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

AEON Credit Secures its Framework for Sustainability-Linked Loans, Strengthens and Advances its Sustainability Pledge

Retrieved on:

Wednesday, November 30, 2022

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The Loans are the Group's first sustainable financing initiative and strengthens its commitment to endorsing and developing in the sustainability arena.

Key Points:

The Loans are the Group's first sustainable financing initiative and strengthens its commitment to endorsing and developing in the sustainability arena.
Sustainability performance metrics have been set in accordance with AEON Credit's existing Sustainability Development Policy, and will be assessed on an annual basis by the external reviewer, the Hong Kong Quality Assurance Agency.
Mr. Tomoharu Fukayama, Managing Director of AEON Credit, said, "We are delighted to have arranged the Group's sustainability-linked loan framework for bank financing, which emphasizes our long-term commitment to the advancement of sustainable development.
Looking ahead, we will continue to proactively seek further opportunities to expand our sustainable financing portfolio and look forward to taking our stakeholders along on our sustainability journey."

First Street Foundation's Risk Factor Pro Provides Industry Standard Data, Analysis, and Insight to Every American Homeowner

Retrieved on:

Monday, November 7, 2022

The data available exclusively through Risk Factor Pro includes damage cost estimates, enhanced analysis of the consequences of flood, extreme heat, and wildfire to a building, visual graphics, and interactive maps.

Key Points:

The data available exclusively through Risk Factor Pro includes damage cost estimates, enhanced analysis of the consequences of flood, extreme heat, and wildfire to a building, visual graphics, and interactive maps.
"Risk Factor Pro provides homeowners and homebuyers with unique insights into their property risks, equipping them to make informed decisions that can mitigate negative impacts of climate change and boost resilience."
To learn more about Risk Factor Pro and its suite of tools and capabilities, visit Risk Factor Pro .
First Street Foundation is a non-profit 501(c)(3) research and technology group dedicated to making climate risk accessible, easy to understand and actionable for individuals, governments, and industry.