Dansby White has been named managing director and head of the U.S. Collateralized Debt Obligation Group of Paris-based Societe Generale Corporate & Investment Banking.Mr. White, who will be based in the firm's New York office, was most recently managing director and senior portfolio manager at Highland Capital Management. He was previously managing director and head of structured finance and CDOs at Merrill Lynch, where his responsibilities included commercial mortgage-backed securities. Societe Generale can be found online at http://www.socgen.com.
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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 -
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 -
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 -
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.
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