The latest economic and policy trends facing mortgage servicers

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2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

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Deutsche Bank doesn’t intend to pay anywhere near DOJ’s $14 billion demand

Confirms initial rumors

After news came out Thursday that the U.S. Justice Department proposed that Deutsche Bank AG pay $14 billion to settle a case that dates back to the financial crisis, the German bank quickly came back and said it “has no intent to settle these potential civil claims anywhere near the number cited,” an article in Reuters by Arno Schuetze stated.

Deutsche Bank also confirmed that DOJ did demand $14 billion.

From the article:

The claim against Deutsche, which is likely to trigger several months of talks, far exceeds the bank’s expectations that the DOJ would be looking for a figure of only up to 3 billion euros ($3.4 billion).

“The negotiations are only just beginning. The bank expects that they will lead to an outcome similar to those of peer banks which have settled at materially lower amounts,” the bank said in a statement.

It was only last week that news came out that Deutsche Bank AG was nearing a settlement deal with U.S. authorities, causing the bank’s shares to jump the most in two months, an article in Bloomberg by Jan-Henrik Foerster reported. This news also hinged on rumors, coming from a German Magazine that chose not to reveal its source.

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3d rendering of a row of luxury townhouses along a street

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