Author name: Ricky Vasquez

Influential investor updates Fannie Mae, Freddie Mac outlook

The outcome for Fannie Mae and Freddie Mac’s stock is “in the Trump administration’s hands,” with pressure to determine this before the president’s term ends, according to Michael Burry, a famous investor. Processing Content In a new report published Friday, Burry downplayed the impact of Trump’s recent executive order on mortgage credit and its potential […]

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Inside Bayview’s $26M breach deal: Fees, payouts

A federal judge has closed Bayview Asset Management’s massive data breach lawsuit, including OKing a big award for the plaintiffs’ attorneys.  Processing Content U.S. District Judge Darrin P. Gayles issued a final judgement in the case last Friday, ending a saga that began with a hack at Bayview’s servicing subsidiaries in late 2021. Bayview agreed

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PennyMac, Veterans United, Movement and Lower make leadership moves

MeridianLink appointed John Wiseman as chief revenue officer and Adam Gray as chief transformation officer. Wiseman brings more than three decades of leadership experience across financial technology, data and analytics. He served in the same role at Addepar, Real Capital Analytics and FactSet, where he drove sustained revenue growth and led the adoption of innovative

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