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The consolidation of the two companies' securitization platforms into a single bond market became official on Monday.
June 3
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Lori Bettinger is one of the organizers of NXG Bank, which has applied to open in Columbia, Md.
June 3
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The launch of a combined securitization platform for Fannie Mae and Freddie Mac is meant to ease the transition to a new housing finance system. But questions remain about how the mortgage sphere will adapt to the single security.
May 31
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Grasshopper Bancorp will target the innovation economy in New York City and other markets across the country.
May 30
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The bank dropped out of the bidding for the card over profitability fears; returning to the market could boost Barclays' investment bank.
May 29
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During its monthly meeting, the National Credit Union Administration board also approved a proposal to increase CU access to non-member deposits, a move bankers are already railing against.
May 23
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The pace is torrid now, but it could slow if bank stock prices keep rising and one prominent lawmaker’s proposal to restrict share repurchases gains traction.
May 21
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Prepayments tied to repeated VA loan refinancing activity have had an adverse effect on Ginnie’s mortgage securities that persists despite countermeasures. The government bond issuer is making new plans to address the impact.
May 21
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The company agreed to buy Charter Bank, which has four branches and $161 million in assets.
May 21
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American Bank & Trust opened after organizers raised more than $22.5 million.
May 20
