Items Tagged with 'Finance'


  • ORIX to acquire NXT Capital

    NXT to become a subsidiary of ORIX by the end of August
    ORIX Corp. USA, which already boasts a number of financial firms under its umbrella, including Boston Financial Investment Management, Lancaster Pollard, Mariner Investment Group, RB Capital and RED Capital Group, is moving to acquire NXT Capital. The two companies just signed a definitive agreement and the acquisition is expected to be completed by August.
    Read More
  • CFPB names six new senior leadership roles

    Will continue to carry out mission of 'protecting consumers'
    The Consumer Financial Protection Bureau announced it filled a lot of senior leadership roles, naming six new appointments at the bureau. CFPB Director Richard Cordray commented on the announcement saying, "These talented individuals will help us carry out our mission of protecting consumers and making markets work for everyone."
    Read More
  • From HW Magazine

    Right of redemption on HOA sales

    A solution or just another problem for servicers in Nevada?
    The crown jewel of SB 306 is the right of redemption in the event an HOA foreclosure sale slips through the cracks. On its surface, the right of redemption is a well-needed safety valve for lenders and homeowners; however, its application may be challenging.
    Read More
  • Moody’s: HFA single-family bond financing will increase

    Bond financing will drive revenue growth
    As housing finance agencies seek to rebuild their balance sheets amid a favorable bond market, Moody’s Investors Service expects bond financings to become a more significant part of HFAs’ mortgage funding sources, reversing the downward trend since 2011, a note to clients says.
    Read More
  • Former Treasury general counsel George Madison joins Sidley Austin

    Served as advisor to Timothy Geithner, helped formulate Dodd-Frank
    Madison was appointed to his role at the Treasury by President Obama and confirmed unanimously by the Senate. As general counsel, Madison was the chief law officer of the Treasury and a senior policy advisor to the Secretary of the Treasury, Timothy Geithner.
    Read More
  • From HW Magazine

    Double down

    Mortgage servicers bet big on once-obscure advance receivables
    Nonbank mortgage servicers are taking a big chance on servicer advance receivables, and it is quickly becoming a multibillion-dollar market.
    Read More
  • What are we reading?

    The post-Christmas Day edition
    Here's a quick look at some of the more interesting pieces we're finding around the web in our post-holiday turkey comas.
    Read More