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Real estate finance company $WD said Mitch Resnick, previously VP of Capital Markets managing Freddie Mac's K-deal, will join $WD's CMBS lending platform, Walker & Dunlop Commercial Property Funding (WDCPF), as MD in late April. Resnick will oversee WDCPF capital markets executions with authority over pricing, hedging, securitizations, and IR.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.