The founder of merger-and-acquisition firm RJ Easton and mortgage M&A specialist StartBank has combined the two companies, citing the aim of enabling them to work together more closely as a global entity."The two top advisory firms will now operate as a united force going forward under the more widely recognized marquee RJ Easton," said Richard Easton II, founder and chief executive officer of both companies. As a result of the move, StartBank chief operating officer Richard Feldman will become chief operating officer and senior managing director of the combined enterprise and will oversee worldwide advisory operations for RJ Easton. In conjunction with the merging of the two firms, RJ Easton has also launched a newly revised website that Mr. Easton said utilizes the latest in Flash technology. RJ Easton can be found on the Web at http://www.rjeaston.com.
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Lenders may not be able to fully respond to the broader government-sponsored enterprises' rollout of VantageScore 4.0 yet but there is one thing they can do now.
September 11 -
Sellers are easing demands as rates hit 15-month highs, giving buyers leverage. Originators: target sideline buyers before next week's Fed hike lifts rates further.
September 11 -
The decrease in jumbo availability accounted for much of the drop in the latest mortgage credit index, as conforming and government offerings were unchanged.
September 11 -
The consumer price index rose 0.4% last month, in line with July's reading. For a monetary policy committee that has been split on inflation, the inconclusive report will compel the Fed to make a call on whether to raise interest rates or stay put.
September 11 -
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
September 11 -
The current transaction has the largest collateral pool that the platform has issued all year, with 294 loans, and it has the highest percentage of conforming loans, at 45.1%.
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