The Bond Market Association, the International Securities Market Association, and the International Primary Market Association have agreed to integrate their European-based activities into the International Capital Market Association."ICMA will be a European-based [organization] with offices in London and Zurich, formed through the recently announced merger of ISMA and IPMA," the associations said. "ICMA will also include the European activities of the BMA, which has sponsored the establishment of the European Securitisation Forum and the European Primary Dealers Association and provided advocacy on various issues in the global capital markets." Hans-Joerg Rudloff, chairman of Barclays Capital, London, is expected to be named chairman of the ICMA. Manfred Schepers, currently senior managing director and head of BMA International, will transfer from the BMA and be nominated to become chief executive of ICMA as of July 1, succeeding John L. Langton, chief executive of ISMA.
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Affordability challenges also have some aspiring homeowners taking second jobs or looking to draw from retirement savings, according to Redfin.
35m ago -
The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28 -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28 -
The pending end of the program comes as over half of U.S. states have already ceased accepting new applicants for federal aid aimed to help struggling households with mortgage payments.
March 28 -
But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said.
March 28