Author name: Ricky Vasquez

Russell Vought

Banks assail nonbank oversight in CFPB deregulatory push

Russell Vought, acting director of the Consumer Financial Protection Bureau, is also director of the Office of Management and Budget. He testified on Capitol Hill April 15.Bloomberg News Processing Content Key insight: The CFPB’s draft plan eliminates all supervision of nonbanks, which bankers oppose.  What’s at stake: The plan mandates a radical reduction in supervision […]

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Blue Owl acquires Sila Realty Trust for $2.4 billion

Blue Owl Capital, which has been ramping up activity in the mortgage sector, announced Monday it bought Sila Realty Trust in an all-cash transaction valued at about $2.4 billion. Processing Content Certain affiliates of Blue Owl will acquire all outstanding shares of common stock of the healthcare-focused real estate investment trust for $30.38 per share,

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