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Headlands Mortgage Company


FOR SALE NO DEPOSIT REQUIRED NO MORTGAGE REQURED No Credit Checks 2 bed, 2 bath apartment, Front Line to Sully Coastline. Gorgeous Views ALSO, Any ...

Lisa Pendergast Appointed as Director of New York Mortgage Trust, Inc.

Ms. Pendergast is the Executive Director of Commercial Real Estate Finance Council, a trade organization with over 305 member companies and over 9,000 individual members that covers the commercial and multi-family real estate finance markets, a position she has held since September 2016. Ms. Pendergast has previously served as Managing Director of the Commercial Mortgage-Backed Securities Strategy and Risk division of Jefferies LLC from 2009 to June 2016. Prior to joining Jefferies LLC, Ms. Pendergast served as a Managing Director of RBS Greenwich Capital and Prudential Securities.

Commenting on today’s announcement, Steven R. Mumma, the Chairman of the Company’s Board of Directors and Chief Executive Officer, stated, “We are excited to welcome Lisa to the Board. Lisa has more than 30 years of relevant experience in the commercial and residential real estate markets, which will be of great benefit to the Company and Board.”  Alan L. Hainey, lead independent director, added, "We are excited about the addition of Lisa to the Board. She brings significant expertise in credit and structured finance and an additional independent voice to the Board.

Where did Peter T. Paul get his money?

Financier Peter T. Paul, the man for whom the University of New Hampshire’s business school is named, says he was smack in the middle of the 2008 financial meltdown, but that doesn’t mean he caused it.

“I was a mortgage banker, but I didn’t bring down the financial system of the free world,” he told NHBR in a phone interview from his office in San Francisco.

In fact, when Paul donated some $25 million to build a new building for UNH’s business school, no one questioned the source of his money. But early this year, when he launched a $500,000 Super PAC to support Dan Innis (the former dean of the Peter T. Paul College of Business and Economics), he became a target of criticism.

“Once you cut a check and get involved in our politics, everything changes,” said Arnie Arnesen, a liberal talk-show host and a former Democratic candidate for governor and Congress.

Added Arnesen: “Paul helped push us to the financial edge.”