Clayton Holdings, Shelton, Conn., has hired Raymond Redlingshafer as senior managing director. Mr. Redlingshafer brings more than 25 years of experience to Clayton Holdings including trading MBS and whole loans, managing a fixed-income institutional sales force, founding a mortgage REIT and taking the company public. At Clayton he will focus on expanding the firm's relationships with secondary market participants and on business development and promotion of its core products. "Although the secondary markets have been in turmoil, there remain opportunities in the market," said Paul Bossidy, Clayton's chief executive officer. "Investors need more than data; they need useful information and insights. Ray brings the market acumen and experience to enable Clayton to help our clients succeed."
-
House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









