Jefferies continues to expand its residential/commercial mortgage- and asset-backed securities effort with the hiring of a new managing director and head of the company's MBS/ABS/CMBS group in Boston. Mark Plansky, who previously worked for Barclays for eight years, was hired to lead the Boston securitization group. Jefferies said its MBS/ABS/CMBS group now includes more than 60 sales, trading and origination professionals in the U.S. and London, including former RBS Greenwich Capital CMBS researcher Lisa Pendergast, whom it hired in June as head of CMBS strategy and risk.
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Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.
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A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.
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Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
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The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
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Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
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