Mitsubishi UFJ Financial Group (MUFG) says Jake Kaercher has joined the firm’s mortgage-backed securities trading team as a director, securitized product trading.
Kaercher will be responsible for growing MUFG’s agency commercial mortgage-backed securities (CMBS) businesses, including Freddie K Multifamily securities (FHMS), Freddie Small Balance Multifamily (FRESB), Freddie Tax Exempt (FRETE), Fannie Mae Delegated Underwriting and Servicing (DUS), Alternative Credit Enhancement Securities (ACES), Fannie Mae Guaranteed Multifamily Structures (GEMS) and Ginnie Mae Project Loans.
“As
