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Republicans want answers on Silicon Valley and Signature failures

National Mortgage
Mortgage Finance
3 years ago

Senate Banking Committee ranking member Tim Scott, R-S.C., and House Financial Services Committee chair Patrick McHenry, R-N.C., sent letters to,.. Read More;

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UBS, Credit Suisse pact stabilizes key source of mortgage financing

National Mortgage
Mortgage Finance
3 years ago

The UK headquarters of Credit Suisse Group AG in Canary Wharf financial district in London, UK, on Monday, March 20,,.. Read More;

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2023's Best Mid-Sized Mortgage Companies to Work For

National Mortgage
Mortgage Finance
3 years ago

EDITORS' PICKComplimentary access to top ideas and insights — curated by our editors. The Best Mortgage Companies to Work For,.. Read More;

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FDIC buys more time to unload Silicon Valley Bank, plans breakup

National Mortgage
Mortgage Finance
3 years ago

Parties may submit separate bids for Silicon Valley Bridge Bank N.A. and its subsidiary Silicon Valley Private Bank, the FDIC,.. Read More;

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How one MBS investor thinks supply and demand will get back in sync

National Mortgage
Mortgage Finance
3 years ago

Imbalances linked to affordability and interest rate volatility are challenging the mortgage market. Here's how they may be resolved.,.. Read More;

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New York Community deal for Signature excludes digital-assets unit

National Mortgage
Mortgage Finance
3 years ago

New York Community Bancorp's Flagstar Bank subsidiary will acquire most of the deposits and some of the assets of the,.. Read More;

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How far the Fed's facility is likely to go in stopping bank MBS woes

National Mortgage
Mortgage Finance
3 years ago

The effectiveness of the borrowing facility now available to address the mortgage-backed securities risk that contributed to Silicon Valley Bank's,.. Read More;

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First Republic to face second S&P downgrade in less than a week

National Mortgage
Mortgage Finance
3 years ago

Jeenah Moon/Bloomberg First Republic Bank will be downgraded again by S&P Global Inc., days after the ratings firm,.. Read More;

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Fed, FDIC officials to testify before Congress on bank failures

National Mortgage
Mortgage Finance
3 years ago

Rep. Maxine Waters, a California Democrat who is ranking member of the House Financial Services Committee, left, speaks with Rep.,.. Read More;

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Memories of 2008 leave FDIC with few bidders for failed banks

National Mortgage
Mortgage Finance
3 years ago

Traders work on the floor of the New York Stock Exchange in New York, U.S., on Monday, Oct. 27, 2008.,.. Read More;

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Summers warns Fed against 'financial dominance,' urges rate hike

National Mortgage
Mortgage Finance
3 years ago

Lawrence "Larry" Summers, former U.S. Treasury secretary.Kiyoshi Ota/Bloomberg Former Treasury Secretary Lawrence Summers said the Federal Reserve shouldn't,.. Read More;

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LoanCare launches distressed mortgage unit

National Mortgage
Mortgage Finance
3 years ago

A subservicer focused on government-related loans has started a new unit called Velocity that will aim to more efficiently manage,.. Read More;

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