Nomura Securities International Inc. has appointed Don MacKinnon head of structured credit trading and asset finance, a new position at the company that includes responsibility for its residential and commercial mortgage-backed securities businesses.Mr. MacKinnon was previously president and chief executive officer of Real Business Solutions, a commercial real estate services and technology company. In addition to overseeing RMBS and CMBS, Mr. MacKinnon will be responsible for managing the firm's asset finance business. Mr. MacKinnon has a mandate to expand the company's U.S. operations in all three businesses.
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Consumer advocacy group Better Markets filed a lawsuit in federal district court Thursday claiming the Federal Reserve's top regulator coached bankers on how to comment on proposed capital rules in "secret meetings."
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From higher immediate pricing to long-term impacts on the housing market, originators are assessing what the rise in the 10-year Treasury yield means.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
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BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
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Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
September 9 -
Cyber policies must keep pace with a surge in incidents fueled by AI, as well a growing trend toward account takeovers.
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