In a report released Friday morning, Cowen Washington Research Group analyst Jaret Seiberg noted that banking regulators have been using consent decrees for years. “Such orders also tend to include conduct restrictions on the banks,” he said…
Look out below: Investor/hedge fund titan Leon Cooperman said on CNBC Wednesday morning that if Sen. Elizabeth Warren, D-MA, is elected president the stock market will fall by 25%...
One servicing advisor told us he anticipated his clients (smaller shops) would likely take a hit of 2 to 5 bps on their MSRs, but it looks like the big boys are reporting numbers that are worse than that...
Sources indicated that Kasper was hoping to be nominated as permanent president; but, in what has become a pattern for the Trump administration, the nomination notice never came.
By now, everyone knows the Federal Housing Finance Agency plans to hire an investment banking firm to assist with recap and release plans, but what about the GSEs?