Secondary

Chief capital markets officer William Chang is stepping down "to explore new opportunities within the mortgage banking sector."

A federal judge denied class certification to investors who blame stock losses on misleading statements by executives.

T-Mobile is broadly syndicating $500 million of securities, and the total size of the securitization is $561.34 million.

The deal reunites the executive that heads up Securent Risk Retention Group with former colleagues and allows SitusAMC to support growth for other business lines.

The president of the National Association of Mortgage Brokers shares her outlook for the trigger lead bill, secondary-market refinancing restrictions and more.

The company has done 10 of these transactions, and its track record on paying them off shows how successful it has been, Morningstar DBRS noted in a presale report.

Activist John Hope Bryant has suggested the 40-year mortgage as a solution to affordability issues for first-time buyers. While it has some support, industry players also note questions about practicality remain.

State housing finance agencies had a resurgent fiscal 2023 and the recent fed funds rate reduction could have a mixed impact on them, Fitch Ratings said.

Mortgage bankers feared a proposal related to lenders' access to a major secondary market and related reporting was too harsh. They're eyeing a redraft closely.

After the bank's 2014 spinoff from Royal Bank of Scotland, its executives worked to shore up weaknesses. Now they're concentrating on how to close the gap with regional banking peers.