The London offices of Cantor Fitzgerald International and eSpeed International have reported thatthey are "doing everything possible to assess the situation at their world headquarters at One World TradeCenter in New York City," which has been active in serving the mortgage-backed securities market. Both companies had operations on the 101st, 103rd, 104th, and 105th floors. Approximately 1,000 peopleare employed by the two companies at the World Trade Center. At midday Wednesday, the companies said they wereunable to determine how many employees were in the building at the time of the attack or whether they were safelyevacuated. "All of our thoughts and prayers are with our [New York] colleagues and their families and friendsat this time," said Howard W. Lutnick, chairman of both companies. "In a very difficult and confusedsituation, we are doing all that we can to determine more about the situations of colleagues." The companieshave asked anyone who can confirm the safety of any of the affected employees to phone 212-704-8188. Relativesand friends who wish to inquire about employees should call, from inside the U.S., 1-866-326-3188 or 011-44-20-78947321 and, outside the US, +44 (0)20 7894 7321. The eSpeed website in the United Kingdom will also provide updates.Its address is http://www.espeed.co.uk.
-
The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
7h ago -
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
7h ago -
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
10h ago -
Cybersecurity platforms said infiltrators gained access to terabytes of data with a wealth of personal information, but the lender disputed reported numbers.
10h ago -
The change aims to address hurdles in the onboarding process, which many have cited as a point of friction in mortgage servicing.
June 23 -
The latest postponement comes after a UWM filing states that Two Harbors shareholders are rejecting the deal, with 54% voting no as of June 12.
June 23







