By nearly a 2-to-1 margin, responses to our survey question on whether the SEC should press issuers to increase disclosures on bonds collateralized by nontraditional mortgage loans favored the idea.The final tally was 151 in favor of such a move, and 84 opposed. Check out the latest survey question in the left column of the NMN home page.
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Ex-CEO Michael Strauss used the lender's bank various accounts to pay for his own expenses, a trustee for the failed lender claims.
1h ago -
At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
3h ago -
Gary Farro's testimony focused on both the banking activity of Michael Cohen, a former Trump attorney who paid $130,000 to an adult film actress in 2016, and First Republic Bank's due diligence work.
10h ago -
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign.
May 3 -
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The industry hasn't been sure how much of a lift they'd get this spring but a broader slowdown in hiring may help to lower financing costs.
May 3