Two Harbors Investment, temporarily free of a non-solicitation clause in its agreement with CrossCountry Mortgage, is now willing to engage with UWM Holdings, but only if the latter drops the stock portion of its bid. Processing Content CrossCountry has agreed to waive the non-solicitation clause through the close of business on Friday, June 12, Two […]
UWM gets one more shot at Two Harbors, but as a cash deal only Read More »
Federal Reserve Gov. Michael Barr.Bloomberg News Processing Content Key insight: The Fed’s former top regulator continues to beat the drum about the stability consequences of the current bank deregulatory policies being championed in Washington. Expert quote: “The bank deregulation undertaken so far, and the plans for more to come, is ultimately going to make our
Fed’s Barr: Strong bank regulation curbs nonbank risks Read More »
Chase is in the market with a $482.5 million prime residential mortgage-backed securities (RMBS) transaction, secured by a portfolio of loans with a slightly higher concentration self-employed borrowers and lower liquid reserves. Processing Content All of the notes to be issues from Chase Home Lending Mortgage Trust, 2026-6, are fixed-rate and will be supported by
Chase’s latest prime RMBS pool will support $482.5 million in notes Read More »