The Federal Home Loan Banks saw a potentially serious threat to their booming advance business emerge last week, when financial regulators, major banks and securities dealers participated in the launch of a new initiative to bolster the developing covered bond market in the U.S. “We’re concerned about the covered bond market here in this country because it competes with our advances...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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