Links Securities Inc., a New York-based broker/dealer specializing in mortgage-backed securities and structured finance, has announced the appointment of three new managing directors.David Brindley and Jonathan Davis will be responsible for developing residential mortgage whole loan business, including origination, securitization, and settlement. Cameron A. Lochhead will be responsible for sales and general business development. Mr. Brindley was previously a senior vice president at Donaldson, Lufkin & Jenrette Securities Corp., specializing in mortgage and mortgage derivative products, servicing hedge strategies, and subprime mortgage originations. Mr. Davis was also a senior vice president at DLJ, where he was responsible for the structuring and settlement of new-issue whole loan collateralized mortgage obligations. Mr. Lochhead was formerly senior vice president for worldwide sales and marketing at Internet Securities, Boston.
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The serial entrepreneur, who also created Rapid Reporting and American Transfer & Trust, plans to remain active in industry causes, a LinkedIn post said.
September 18 -
Almost 45% of buyers received a seller concession this summer, while more than 15% saw a reduction in the asking price to go along with it, according to Redfin.
September 18 -
With 55% of homeowners planning to renovate rather than relocate, demand for home improvement capital will be strong even if the purchase market slows further.
September 17 -
Last week's bond market turmoil continued leading up to the FOMC decision on Wednesday, pushing the 30-year fixed to near or over 7%, depending on the source.
September 17 -
The Securities and Exchange Commission said Rule 14a-8 exceeds its statutory authority and intrudes on matters of state law. Shareholder advocacy groups, however, argue that repealing the rule could reduce transparency.
September 17 -
Brian Johnson's nomination to lead the Consumer Financial Protection Bureau advanced to the full Senate Thursday morning in a party-line vote.
September 17










