George Miller, deputy general counsel of The Bond Market Association, is stepping down from that post in order to step up to his new position as executive director at one of the association's affiliates, the American Securitization Forum.An ASF spokeswoman said she had no immediate comment on how the move would affect the work Mr. Miller has been responsible for at the association. The Bond Market Association is a trade group that has long worked to promote best-practices guidelines for sell-side debt market participants. The ASF is a newer affiliate that more specifically focuses on U.S. securitization market issues and has a broader membership that includes buy-side as well as sell-side market participants. The memberships of both groups include mortgage industry professionals. TBMA can be found on the Web at http://www.bondmarkets.com.
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A White House executive order issued Friday afternoon directing regulators to ease Dodd-Frank compliance burdens comes as a bipartisan housing bill advances on Capitol Hill.
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A federal judge wrote in an opinion that a "mountain of evidence" suggests the subpoenas were an effort to push Federal Reserve Chair Jerome Powell to lower interest rates or resign.
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Borrower equity fell $78.8 billion, or 0.5%, year over year in Q4, according to Cotality's Home Equity Report. That's an average decrease of $8,500.
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Lennar's first fiscal quarter earnings were down by more than half after three years of persistent trials which are testing consumer confidence and sentiment.
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Federal bank enforcement actions have dropped sharply since the start of the second Trump administration, but experts' views vary about whether less enforcement will result in a buildup of risk in the financial system.
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FIGRE 2026-HF3 will repay noteholders on a pro rata basis but is subject to a provision that requires the deal to repay noteholders sequentially after a credit event.
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