The Federal Deposit Insurance Corp (FDIC) is seeking proposals from Wall Street dealers to help issue commercial mortgage-backed securities with loans saddling failed bank balance sheets, according to an FDIC document. Dealers have until August 20 to submit their plans under the FDIC’s request for proposal, a copy of which was obtained by Reuters. An FDIC spokesman declined to comment.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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Taylor Morrison names Mike Carlo Sarasota division president
Taylor Morrison appointed Mike Carlo president of its Sarasota division, citing his 25-plus years in homebuilding. The division operates 7 communities and plans 2 Esplanade additions, including Wellen Park and Cammaray in Lakewood Ranch.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio