Mortgage insurer Radian recently modified the severance agreements it has with certain executives, boosting termination pay to 150% from 100%. Of course, this only applies if it’s a “qualifying termination event"...
Part of the problem is that the current proposed rule was a product of the previous director and much has changed since the rulemaking began a year ago.
The increase reflects a 5.38% surge in the price of the average home from the third quarter of 2018 to the third quarter of 2019, as calculated in FHFA’s House Price Index.
The Fed has significantly stepped up purchases of agency MBS in recent months. However, the central bank's balance sheet shows no sign of an increase in MBS holdings, prompting some questions. Meanwhile, shoring up the repo market might be a factor.
Prosecutors allege that co-owners of a company that offered assistance to borrowers going through short sales illegally charged fees for negotiating the sales.
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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