Elliott Investment Management, SMBC and Macquarie Group Ltd. are exposed to Market Financial Solutions Ltd., adding to the list of Wall Street firms caught up in its collapse. Processing Content Elliott holds about £200 million ($268 million) of mortgage-backed facilities tied to the failed lender while Sumitomo Mitsui Banking Corp. has about £100 million of […]
Elliott, SMBC and Macquarie exposed to collapsed lender MFS Read More »
Key insight: The White House has indicated its support for the compromise legislative language now moving forward in the Senate. The House passed its own housing bill last month, which included a number of community bank-related riders. What’s at stake: Legislative language related to brokered and custodial deposits, as well as other policy reforms aimed
Housing bill moves forward with institutional housing ban Read More »
HMDA reporting season has just wrapped as financial institutions were required to submit detailed data from the previous calendar year’s mortgage applications and loans to their regulators by March 2nd. But for compliance professionals at community banks, the work doesn’t stop there. HMDA reporting has become less about “checking the box” and more about defending
How to ensure locked-down compliance during HMDA reporting season, and year-round Read More »