Online bond marketplace TradeWeb, which had offices in the World Trade Center and has been activein the mortgage-backed securities market, has confirmed that all its employees are safe and its website is up andrunning. The company has said it expects to restore trading of U.S.-based products within a few weeks and is workingwith its London office to do so. "I am relieved and grateful for the safety of all our colleagues;it is a miracle that we are all alive in the wake of Tuesday's attack," said TradeWeb president Jim Toffeysaid. "The thoughts and prayers of the TradeWeb family go out to everyone affected by this unimaginable tragedy."Vic Simone, managing director of Goldman Sachs & Co. and TradeWeb's chairman, said, on behalf of company'sboard and its dealers, "We are very relieved that all TradeWeb employees are safe and accounted for and extremelyproud of the way they conducted themselves during this crisis. We, the dealer community, are committed to providingthe necessary resources to restore TradeWeb to full operational capability as soon as possible." The company'ssoftware, databases, and office records were all stored off-site. TradeWeb's website address is http://www.tradeweb.com.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
September 9 -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
September 9 -
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
September 9 -
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
September 9 -
Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
September 8 -








