In its latest quarterly report on loan originator compensation, LBA Ware found that total commissions paid rose 59 percent in the second quarter from a year before. The company said that a significant increase in refinance volume helped drive the rise in commissions. Read on for more details from the company’s report.
It has been more than 18 months since the Department of Housing and Urban Development (HUD) had Senate-confirmed leads in its top three positions, but that finally is the case, as the Senate easily confirmed Dana Wade as the Federal Housing Administration commissioner. She joined HUD Secretary Ben Carson and Deputy Secretary Brian Montgomery atop … Read more
ESMA withdraws registration of NEX Abide Trade Repository AB Friday 31 July 2020 11:33 The European Securities and Markets Authority (ESMA), the EU’s Securities Markets Authority, has today withdrawn the trade repository (TR) registration of NEX Abide Trade Repository AB (NATR). NATR has been registered as a TR since 24 November 2017. The withdrawal decision … Read more
A new report found that the Consumer Financial Protection Bureau stopped reporting to congressional appropriations committees under the direction of then-acting director Mick Mulvaney – in violation of the Dodd-Frank Act. Section 1017(e)(4) of the act requires annual reporting to the committees, which was suspended beginning with Mulvaney’s tenure in 2017. Read on for more … Read more
Black Knight Inc. announced that it would buy Optimal Blue for $1.8 billion, combining its Compass Analytics business with Optimal Blue in a newly formed entity. Optimal Blue is a leading provider of secondary market solutions and actionable data services. Read on for more details about the purchase.
Federal Reserve Board announces the extensions of its temporary U.S. dollar liquidity swap lines and the temporary repurchase agreement facility for foreign and international monetary authorities (FIMA repo facility) through March 31, 2021
Black Knight, Inc. has entered into a $1.8 billion definitive equity purchase agreement to acquire Optimal Blue, a provider of secondary market solutions and actionable data services.
ESMA submits opinion to European Parliament on 2018 discharge process Tuesday 28 July 2020 17:32 ESMA submitted an Opinion on the European Parliament’s (EP) observations made in the 2018 discharge process. The Opinion sheds light on concrete actions taken by ESMA, including in relation to supervisory fees for credit ratings agencies and trade repositories, establishing … Read more
Federal Reserve Board announces an extension through December 31 of its lending facilities that were scheduled to expire on or around September 30
ESMA updates transparency opinions for 3rd country venues Tuesday 28 July 2020 15:05 The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has updated the list of third-country venues (TCTV) in the context of the opinion on post-trade transparency under MiFIR, following new requests from the industry. Following the publication of the … Read more