Shawn Matthews and Scott Moore have been promoted to senior managing directors and co-heads of Cantor Fitzgerald's mortgage-backed securities sales and trading business.The company said the promotions were made in conjunction with a "renewed commitment" to the MBS market. Mr. Matthews is based in New York, and Mr. Moore is based in Chicago. "The dislocation of the mortgage-backed securities market is a tremendous opportunity to capitalize on Scott's and Shawn's superb capabilities," said Howard W. Lutnick, chairman and chief executive officer of Cantor Fitzgerald. The company can be found on the Web at http://www.cantor.com.
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The consumer price index ticked up last month, bolstering arguments about broad based inflation and raising the odds of a rate hike next month.
2h ago -
The banking regulator is in early discussions with trade groups to build an organization for certifying tech providers that pass voluntary due diligence checks.
5h ago -
The ex-worker who was terminated for unprofessional conduct has allegedly disparaged the brokerage and is refusing to return loan files and leads.
6h ago -
A 10-state coalition is asking a federal court to put a halt to the OCC's rules which pre-empt laws on banks paying interest on mortgage escrow deposits.
August 11 -
Southwest leaders cited Varun Krishna's technology and financial leadership as key factors behind his new appointment to its board of directors.
August 11 -
A record percentage of homeowners renewing their insurance policy saw their fee decrease, up from 7.4% last year, according to Matic's mid-year trends report.
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