Most of the companies announcing cuts declined to disclose how many workers they terminated, although publicly traded giants revealed their moves would save them tens of millions of dollars this year.
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The Consumer Financial Protection Bureau said a company doesn't need to experience a data breach for the agency to consider taking action.
August 11
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Angel Oak Capital Advisors and Brightvine collaborated on the deal, which raised $147.5 million noteholders and extended the application beyond mortgages.
August 11
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The REIT did not issue a securitization in the period because of the upheaval, but found a more receptive marketplace in July.
August 10
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As mortgage rates remain elevated, and housing inventory increase, unsupported rapid home price growth could moderate in the second half of 2022.
August 10
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Rising interest rates, lower stock prices and other headwinds have caused many banks to pump the brakes on dealmaking. But some are betting that these trends will be too short-lived to deter them from engaging in mergers and acquisitions.
August 10
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Huntington Bancshares has hired Shawn Lough, a veteran Truist Financial banker and West Point graduate, to help guide the sales strategy and goals of its consumer and business banking operation. It also expanded the duties of Digital Director Mark Sheehan to include deposits.
August 9
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Previous Evergreen Credit transactions have issued amounts ranging from $428 million to $1,070 billion, while the last two deals issued $535 million each.
August 9
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Most of the companies announcing cuts declined to disclose how many workers they terminated, although publicly traded giants revealed their moves would save them tens of millions of dollars this year.
August 8
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Kroll Bond Rating Agency expects to divide the pool into two distinct groupings for ratings purposes, RMBS and CMBS. The RMBS pool is slightly larger.
August 8
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Mosaic 2022-2 will not include a pre-funding period, and the transaction's collateral pool will be static, and not include a capitalized interest account.
August 5
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The changes, which appear to be separate from a controversial nonbank proposal that's pending, will reduce red tape for credit unions and housing finance agencies and clarify a calculation for loans eligible for repurchase.
August 5
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The Consumer Financial Protection Bureau's review of credit card late fees has ignited pushback from industry that supports an expected 9% jump in fees next year pegged to inflation.
August 5
