Federal Reserve Gov. Lisa Cook.Bloomberg News Federal Reserve Gov. Lisa Cook said that financial markets fared well in the face of uncertainty sparked by President Trump’s evolving tariff regime, but that more study is needed to understand how risks from nonbanks affect the banking system and vice versa. Speaking at a conference at New York […]
Fed’s Cook: More study needed on bank-nonbank interreliance Read More »
Last week, during remarks to the MBA Secondary & Capital Markets event in New York City, FHFA Director Bill Pulte commented that he thought the estimates for the valuations for Fannie Mae and Freddie Mac were too low. Pulte then made clear that releasing the GSEs from conservatorship “is a decision for the President of
How President Trump can monetize the GSEs Read More »
Publicly traded lender Guild Mortgage’s parent company, Bayview Asset Management, and a servicing-related affiliate are in talks about a potential deal. Bayview said in a filing that in conjunction with the affiliate it is “engaging in friendly preliminary discussions” with Guild “regarding a broader commercial relationship and potential corporate transaction. One possible outcome is “the
Guild Mortgage, Bayview Asset explore servicing M&A Read More »