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Mortgage Capital Trading Inc. (MCT) has announced that Inc. 5000 has named MCT to its 38th annual list of winners for the eight consecutive year
Mortgage Capital Trading Inc. (MCT) has announced that Inc. 5000 has named MCT to its 38th annual list of winners for the eight consecutive year. MCT ranked number 3278 with three-year sales growth of 119 percent and 2017 revenue of $18.3M.   The Inc. annual 5000 list represents a unique look at... Keep Reading....
Freddie Mac CEO Donald Layton is reportedly seeking to leave his job and officials at the Department of the Treasury and the Federal Housing Finance Agency (FHFA) are planning to find a successor
Freddie Mac has announced a shake-up in its leadership, with CEO Donald H. Layton stating that he planned to retire during the second half of 2019 while David Brickman, currently the executive vice president and head of Freddie Mac Multifamily, being elevated to president.   Freddie Mac also... more
Verus Mortgage Capital (VMC) has announced the completion of its sixth rated RMBS (Residential Mortgage-Backed Securities) transaction for $489.6 million
Verus Mortgage Capital (VMC) has announced the completion of its sixth rated RMBS (Residential Mortgage-Backed Securities) transaction for $489.6 million. The transaction is the largest in VMC history, and also the largest non-QM MBS transaction in a decade.   The transaction was rated by S&P... more
Freddie Mac CEO Donald Layton is reportedly seeking to leave his job and officials at the Department of the Treasury and the Federal Housing Finance Agency (FHFA) are planning to find a successor
Freddie Mac CEO Donald Layton is reportedly seeking to leave his job and officials at the Department of the Treasury and the Federal Housing Finance Agency (FHFA) are planning to find a successor.   According to a Bloomberg News report that cited unnamed “people familiar with the matter who asked... more
Moody’s Investors Service Inc. has agreed to a $16.25 million settlement with the Securities & Exchange Commission (SEC)
Moody’s Investors Service Inc. has agreed to a $16.25 million settlement with the Securities & Exchange Commission (SEC) that will resolve charges related to the inconsistent application of credit rating symbols in connection to residential mortgage-backed securities (RMBS) issued between 2010... more