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The National Association of Home Builders Remodeling Market Index for the second quarter posted a reading of 61, a one-point decline from the first quarter.
July 10 -
The Additional Tax Lien Account is Acacia 2026-1's prefunding account, which will buy assets in the deal's first six months, up to $33.5 million, and is one of the deal's two investment accounts.
July 10 -
The bill, which passed with wide bipartisan support, will become law at midnight if President Donald Trump doesn't veto it.
July 10 -
Federal Reserve Bank of Dallas President Lorie Logan said at an event Thursday that conducting monetary policy actions through a third party would improve efficiency and make markets stronger.
July 9 -
The pool includes called collateral and smaller concentrations of loans originated in higher credit tiers, resulting in some underlying asset weakness compared with a previous deal.
July 9 -
A week after falling to its lowest point since mid-May, the 30-year fixed rate mortgage turned higher as the 10-year Treasury rose 15 basis points since June.
July 9
Published June 02, 2008, 12:23 p.m. EDT
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Updated June 02, 2008, 1:33 p.m. EDT
1 Min Read
Citigroup's Bill Beckman will step down as the firm's top mortgage executive in order to spend more time with his family, according to published reports.
Before becoming president of CitiMortgage in July 2005, Beckman became president of Citigroups Student Loan Corp. in 1997 and served as chief executive officer of the unit from 1998 until 2001.
He also headed Citigroups specialty lending group before becoming president of real estate servicing and technology in April 2003.
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