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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Lenders and condo market stakeholders are raising concerns that new GSE rules ending limited reviews and tightening reserve requirements could raise costs and limit access.
March 25 -
Stakeholders rely on detailed, easy-to-read reports. From including cited data to using a structured format, learn how to simplify the lending reports process.
March 25 -
The national delinquency rate ticked up seven basis points to 3.72% last month, coupled with a 10-basis-point increase in prepayment speed, according to ICE.
March 25 -
The title policy and settlement statement datasets introduce digital standards that will allow the information on forms to move as data instead of documents.
March 25 -
What was once a bipartisan and broadly popular housing bill has been weighed down with a pair of provisions that banks can't support. Even with those headwinds, the bill is more likely than not to pass, but not without drawn-out negotiations between the House and Senate.
March 25 -
Federal Reserve Gov. Michael Barr said in a speech Tuesday afternoon that he wants to see a durable and reliable reduction in consumer price inflation before he considers cutting the central bank's interest rates.
March 24









