Securitization

There's been chatter that investors are shying away from Fannie Mae and Freddie Mac mortgage-backed securities because Congress may not enact housing finance reform. Be skeptical of those claims.

Tom Marano, a former Bear Stearns banker, was apparently well compensated following the housing crisis for heading up ResCap and Ditech, both of which went into bankruptcy.

On Jun. 30, 2019. Dollars in thousands.

The company has rolled out an online platform for firms considering marketplace loans as an asset class.

On Jun. 30, 2019. Dollars in thousands.

The decision is a blow to Facebook's digital currency plans; the reduction is the bank’s “most ambitious attempt to rein in costs in years."

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

The move adds heft to the blockchain-based Interbank Information Network; many of those terminated in the phony accounts scandal say they’ve been blacklisted.

The CEOs of Sallie Mae and Discover Financial Services were largely dismissive this week of the threat posed by the two Democratic presidential candidates, though their optimism seemed to be rooted in an assumption that the more sweeping proposals will never become law.