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Michael Bannon is vice president of CSG Partners, a leading ESOP investment banking practice. Since joining CSG in 2017, he has advised middle-market clients on a range of employee ownership transactions, including leveraged ESOP formations, M&A, and plan recapitalizations. Reach him at mbannon@csgpartners.com. 

The average surplus premium to protect property this year was roughly $46,000 in the wealthy enclave and the situation is only likely to worsen as climate change ups the odds of destructive wildfires.

For the fourth month in a row, overall mortgage delinquency rates have increased, with loans 30 days or more late up 0.2 percentage points in September.

Feds allegedly reneged on an agreement with the trade group at the onset of the Biden Administration.

Top banks are underwriting the deal, but most of the securitization's loans lack documentation.

The proposal is one of several that aims to address difficulties managing early buyouts from mortgage-backed securities pools.

President-elect Trump's victory will have a direct impact on how much the Federal Open Market Committee will cut short-term rates next year, Wolters Kluwer found.

Average rates for the 30-year fixed fell for the third consecutive week, Freddie Mac said, but the 10-year Treasury yield rose to the highest point in weeks.

The Federal Deposit Insurance Corp.'s Q3 Quarterly Banking Profile report highlighted net bank income falling 8.6%, but also showed slow delinquency growth in commercial real estate and core income metrics improving across the banking sector.

Steve Cover is Chief Technology Officer at iPipeline. In this role, he oversees the technology strategy for the organization and ensures that iPipeline's technological infrastructure supports the company's growth and objectives. In addition, he will focus on the continued differentiation within iPipeline's product portfolio, and improve quality, testing, and delivery.