Mortgage originators can either (1) hold a new mortgage in their portfolio, (2) sell the mortgage to an investor or conduit or (3) use the mortgage as collateral for the issuance of a security. An MBS ...
BMO Capital Markets has agreed to pay more than $40 million to settle charges brought by the SEC for failing to supervise employees involved in the sale of mortgage-backed securities. In a settlement ...
NEW YORK (Reuters) - A unit of Bank of Montreal agreed to pay $40.7 million to settle U.S. Securities and Exchange Commission charges that it failed to supervise employees who misled investors about ...
Building relationships between marketing and data security teams is a growing priority for CMOs, but one-third of those partnerships struggle with collaboration, according to a new report from the CMO ...
A mortgage-backed security (MBS) is an investment product that consists of thousands of individual mortgages. Investors can purchase MBSs on the secondary market and directly from the issuer. When MBS ...