Wall Street mortgage-backed securities professionals performing at a rock 'n' roll benefit in New York raised more than $30,000 for two charities Tuesday night, according to an event organizer.The event, at which bands from Morgan Stanley and Lehman Brothers performed, drew approximately 500 people. The money raised will benefit the Dorothy Rodbell Cohen Foundation for Cancer Research and Scholarship America, a charity known on Wall Street for having helped raise funds for the children of MBS professionals who died in the Sept. 11, 2001 terrorist attacks.
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A federal judge in Texas dismissed the Consumer Financial Protection Bureau's medical debt rule and prohibited states from passing their own laws prohibiting medical debt on credit reports.
9h ago -
Dr. Mark Calabria takes on the additional role of chief statistician of the United States; retired Ally Bank executive Diane Morais has joined First Citizens Bancshares' board of directors; MainStreet Bank has promoted Alex Vari to chief financial officer; and more in this week's banking news roundup.
11h ago -
While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.
July 11 -
The share of economists expecting a September rate reduction grew in the July Wolters Kluwer survey, but the October or later percentage also increased.
July 11 -
Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.
July 11 -
The notes are backed by home improvement installment loans originated by approved dealers in Foundation Finance Company's network.
July 11