Barclays Capital has hired a longtime Nomura Securities International agency mortgage researcher, and Nomura's continued participation in the agency MBS market appears questionable.Art Frank, Nomura's former director of MBS, has been named director and mortgage strategist at Barclays, according to the latter company. A Nomura spokesman had not returned a call by deadline time, and efforts to reach the company's agency MBS team through its switchboard were met with uncertainty about whether the business was still offering services in that area.
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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 -
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 -
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
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 -








