Hints and tips:
...“I’m an advocate for the shelf charter,” said Brian Brooks, a partner of DC law firm O’Melveny & Myers and a former acting comptroller of the currency....
...If I have no salesforce, because I’m working for small firms, I have got to get to the media. And that’s what I did. Whether that’s right or wrong, who the hell knows....
...I’m smitten by “Granddaughter” (1956) by American painter Andrew Wyeth, which speaks powerfully to me about one of the ways in which we bear witness....
...(The line “I’m not long your house anymore” doesn’t have the same ring as “I’m short your house”, but the change will affect markets nonetheless.)...
...This was followed by similar deals by other US mortgage agencies such as Freddie Mac and Fannie Mae, to little fanfare....
...“I’m a huge fan of all of Stephen Sondheim’s work,” Roth enthuses the morning after his photoshoot, sitting on his bed at the family home in the West Village....
...M&G, the asset manager, recently launched 20-year mortgages in Ireland, traditionally similar to the UK in its mortgage structures....
...“I’m not the Fed,” he said. “Fannie and Freddie are still in conservatorship and levered 240 to 1. We need all the capital we can muster for ourselves.”...
...“I don’t believe this is the worst thing that’s ever happened in the history of the Republic and so therefore I’m not prepared to revisit the fundamentals of bank regulation,” Mr Brooks said....
...She was previously a managing partner at private investment group Freemont, and before that, a managing director at General Atlantic and a vice-president of M&A at Morgan Stanley....
...Alternatively, there is what Fannie Mae economists last year described as “the coming exodus of older homeowners”....
...“They are saying, ‘I have no exit for these loans — I’m going to protect myself’.” The mortgage Reits are selling mortgage bonds as the Federal Reserve has been trying to support the market....
...“I believe [diversity and inclusion] roles quite frankly are siloed,” Ms Morgan said: “I’m more than diversity and inclusion.”...
...In April, law firm Paul Weiss, which is well known for its M&A advice, launched an ESG practice....
...I’m currently testing it out and so far I think it’s terrific. Most investors will probably choose a fund to access the US markets and here the choice is simple....
...“I’m thinking of [the refi wave] more like a partial offset to [lending margin] pressure, as opposed to a meaningful earnings boost.”...
...Bringing the issuance of green bonds into the mainstream is “absolutely necessary”, argues Richard Sherry, director of alternative credit at fund manager M&G Investments....
...Our M&A newsletter Due Diligence has more on Softbank’s terrible year....
...“Even though M&A fees are a lot greater than lawyer fees, they’re still capped by the time you have, what you can sell your time for, whereas when you manage money there’s no cap....
...Fannie Mae named Hugh Frater as its next chief executive on Wednesday. Frater had held the interim chief executive role since last October and has been on the group’s board since 2016....
...I’m nearly three years old. Look after me. I now belong to you.”...
...The paperback at the end of their bookshelf: Can’t Wait to Get to Heaven by Fannie Flagg....
...It has paid out more than $6bn in fees for M&A advice, as well as debt, equity and loan underwriting services since 2000, according to Thomson Reuters. That trails only Freddie Mac and Fannie Mae....
...The Council on Foreign Relations offered its own timeline, which controversially starts in 1992, and the broadening of the remit for Fannie Mae and Freddie Mac....
...To buy a small flat of 60 sq m near the city centre in Asia’s financial capital would cost 20 times the annual income of someone working in the highly skilled services sector....
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