Two Wall Street traders are charged with involvement in a “parking” scheme that arranged for one to purchase several securities with the understanding that the other would repurchase them at a profit in order to skirt around company rules.
The Securities Industry and Financial Markets Association has named Kenneth E. Bentsen, Jr. to serve as its president and CEO in the wake of the resignation of former U.S. Senator and SIFMA CEO Judd Gregg.
Nomura Corporate Funding Americas debuted, post-crisis, on the private-label residential mortgage-backed securitization scene, becoming one of a few issuers in that segment of the market.The financial...
Talk about consistency.Real estate investment trust Redwood Trust is keeping pace with its monthly issuance goal, setting out on its eighth private-label residential mortgage-backed securitization deal...
When Tim Mayopoulos was vetted prior to joining Fannie Mae nearly 10 years ago in the role of general counsel, board members explained it would only take 12 to 18 months for the company to turn around. That isn’t what it took. It took putting Mayopoulos in charge, years later, to turn the company around. And that’s exactly what he did.
HousingWire began highlighting the unsung heroes of the mortgage finance industry three years ago, recognizing those who continue to make the dream of homeownership a reality for Americans nationwide. Our editorial board selected each of these 40 professionals for their ability to not only transform their companies, but the industry as a whole.
Hispanics have huge purchasing power in the U.S. and the rate of homeownership among this population has grown every year since 2014, reaching 46.2% in 2017. In fact, Hispanics are the only demographic in the U.S. to increase homeownership rates for each of the past three years and are driving gains in the real estate market overall. By understanding the unique needs and expectations of the Hispanic community and positioning yourself to fulfill those needs, real estate professionals can become an important servicer of this consumer demographic and experience related growth.