Investments

Computershare continues mortgage growth, acquires Capital Markets Cooperative

Follows another acquisition last week
Computershare, an Australian tech company that expanded into the U.S. mortgage market in 2011 when it acquired Specialized Loan Servicing for $113.6 million, announced last week that it was further growing its U.S. mortgage business with the acquisition of Altavera Mortgage Services. But that move appears to be just the first step in a larger expansion.
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BB&T Capital Markets promotes two into 'key' leadership roles

Names leaders of equity investment banking and capital markets advisory group
Financial services company BB&T Capital Markets announced recently named bankers Bruce Kelleher and Jake Savage to "key" leadership roles. Kelleher brings 23 years of experience to his role as the head of BB&T Capital Markets’ equity investment banking. And Jake Savage, a 30-year corporate finance and banking veteran, will lead the firm’s newly formed capital markets advisory group.
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Bernie Sanders targets Goldman Sachs, Wall Street in latest campaign ad

"Our economy works for Wall Street because it’s rigged by Wall Street"
With the race for the White House heating up, Democratic Presidential hopeful Sen. Bernie Sanders, I-VT, dropped a new campaign ad over the weekend that again paints Sanders squarely as Wall Street’s archenemy, and takes direct aim at the Wall Street bank that’s seemingly dominated the headlines of this election cycle – Goldman Sachs.
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Fannie Mae and lenders end 2015 with a bang

Wells Fargo tops list of producers in "remarkable" year
Fannie Mae, the most reliable source of financing in the multifamily sector, provided $42.3 billion in financing to support 569,000 homes. These homes are financed to support affordable or workforce housing.
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Wages increase for recent college graduates

Is homeownership close behind?
More college graduates are now able to afford housing, according to a new report by the Federal Reserve Bank of New York. The idea that college graduates are doomed to work in coffee shops is fading away, as people with college degrees start to fare better than those without.
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Monday Morning Cup of Coffee: Fannie, Freddie crystal ball just got cloudier

Plus, is it time to buy the big banks?
There is a lot of debate surrounding the future or lack thereof of Fannie Mae and Freddie Mac, with opinions coming from the White House, Congress, trade groups, just to name a few. But predicting the future of the GSEs just got a little harder. Plus, is it time to buy the country's biggest banks? All that, and more, in your Monday Morning Cup of Coffee.
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