Sandler O'Neill Partners LP hired Carlos Mendez to lead its new structured finance group and assist in sales and trading of mortgage-backed securities and other fixed-income products. Mendez joins the firm from Institutional Credit Partners LLC where he was senior managing director in the capital markets division. Sandler O'Neill also hired as managing directors in the new group: Joshua Eaton, Andrew Mauritzen and Chris Howley. Eaton most recently was general counsel and co-chief operating officer of Dune Capital Management LP, where he served in an advisory role on the acquisition of IndyMac Federal Bank from the Federal Deposit Insurance Corp. Mauritzen and Howley also were managing directors at Institutional Credit Partners.
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House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25 -
New enhancements in business purpose lending by lenders and vendors could help originators looking for new business as conforming rates keep rising.
September 25 -
As tech firms increasingly rely on debt to build out their artificial intelligence buildouts, long-dated U.S. Treasuries are facing heightened competition.
September 25 -
Chase Home Lending announced a limited-time rate sale, while Citizens Bank and Bank of America are focused on building up affordability programs.
September 25 -
The compressed timeline could address a key challenge mortgage companies face when considering changing vendors.
September 24









