Brenda White, an investment banker who brokered some of the largest mortgage-related M&A deals of the past 15 years, died Sunday after a two-year battle with a rare form of cancer. Born in Monmouth County, N.J., in 1954, she is survived by her husband Tim and a daughter, Adrienne. Ms. White began her career at Dun & Bradstreet, and eventually worked at MBS pioneer Salomon Brothers. In 1994 she was named managing director, head of investment banking to the mortgage industry. According to a statement released by her family, her promotion at Salomon was "perhaps her proudest professional achievement." During her career she also held M&A advisory positions and worked at UBS and Deloitte & Touche before starting her own M&A boutique. Over the years she authored several M&A related articles in industry trade publications including NMN sister publications Mortgage Servicing News and American Banker.
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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.
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