U.S. Bancorp, the Minneapolis-based bank that has been growing in San Diego for much of the past decade, recently hired Steve Stuckey as its market president. Given the bank's recent performance--net income for...
Carrie Peel was trapped. After spending all her money to purchase a car, she discovered when she went to register the vehicle that she had not received the title. The dealership couldn't help...
DENVER -- BlackBox Logic, LLC, a Denver-based data aggregation company, will showcase their new RMBS solutions, including an updated version of its web-based loan-level analytics interface, Crystal Logic([R]), at the American Securitization Forum...
NEW YORK -- Fitch Ratings says the resignation of Fannie Mae chief executive Michael J. Williams should not affect day to day operations at the government-controlled mortgage lender. Both government-sponsored enterprises (GSEs) Fannie...
CHICAGO -- There is no impact on Regions Financial's (RF) ratings as a result of the announcement yesterday of the sale of Morgan Keegan (MK) to Raymond James Financial, Inc., according to Fitch...
* Economic imbalances and social inequality risk reversing the gains of globalization * A dystopian world, unsafe safeguards and the dark side of connectivity are this year's major risk cases * Report analyses...
NEW YORK -- Fitch Ratings has published a special report on Disclosure of Loan Pool Information for U.S. residential mortgage-backed securities (RMBS) for the fourth quarter of 2011 (4Q'11). The report is available...
HEADNOTE Recognising, identifying and managing risk is core to running a successful company. This becomes even more critical when dealing with foreign investments where other types of risk enter the frame. Richard Seymour...
The dark underbelly of global banking Africa's Odious Debts How Foreign Loans and Capital Flight Bled a Continent By Léonce Ndikumana and James K Boyce £12.99Zed Books: African Arguments ISBN 978-1-348134591 Described by...
Financial services circles in Washington, D.C., have been positively buzzing with anticipation over the news that the U.S. Supreme Court has agreed to hear Magner v. Gallagher, a case that will test the...
Last year was a watershed year for special servicers. It was the year Wall Street ended its love affair with the category and the government-sponsored enterprises (GSEs) began theirs. It also heralded the...
HEADNOTE Clear-eyed executives like EJ. Burke helped guide KeyBank Real Estate Capital smoothly through the turmoil of recent years. Now the bank's commercial real estate finance group is growing again and posting profits....
HEADNOTE A potential pause in recovery momentum is likely in 2012. However, the top 10 issues shaping the outlook spell uncertainty on several fronts. IMAGE ILLUSTRATION 1 Global commercial real estate (CRE) is...
HEADNOTE Residential origination volume in 2012 looks to be the lowest on record since 1997. However, things could surprise to the upside. Just don't bet the house on it. IMAGE ILLUSTRATION 1 The...
[ILLUSTRATION OMITTED] "I WAS NERVOUS. OUR CFO WAS NERVOUS," SAYS B. DOYLE MITCHELL JR., RECALLing the failure of several global financial institutions that marked the dark days of the Great Recession. "If there...
Last year was a watershed year for special servicers. It was the year Wall Street ended its love affair with the category and the government-sponsored enterprises (GSEs) began theirs. It also heralded the...
Financial services circles in Washington, D.C., have been positively buzzing with anticipation over the news that the U.S. Supreme Court has agreed to hear Magner v. Gallagher, a case that will test the...
The economy is growing, but at a slower pace than necessary to significantly reduce the unemployment rate. While there may be decreases from month to month, the unemployment rate is likely to increase...
Global commercial real estate (CRE) is gradually improving despite mounting concerns over European sovereign debt, the pace of future economic expansion and a weak U.S. housing recovery. There are several issues that will...
In 2005, E.J. Burke was asked to take over the real estate finance unit of Cleveland-based Key Corp. Officially, he would become executive BBI vice president of KeyBank Real Estate Capital (KBREC), the...