Jefferies continues to expand its residential/commercial mortgage- and asset-backed securities effort with the hiring of a new managing director and head of the company's MBS/ABS/CMBS group in Boston. Mark Plansky, who previously worked for Barclays for eight years, was hired to lead the Boston securitization group. Jefferies said its MBS/ABS/CMBS group now includes more than 60 sales, trading and origination professionals in the U.S. and London, including former RBS Greenwich Capital CMBS researcher Lisa Pendergast, whom it hired in June as head of CMBS strategy and risk.
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In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing.
February 20 -
The Ohio Supreme Court nixed a consumer's attempt to secure relief for over 1,000 borrowers, regarding fines the lender owed them over late paperwork.
February 20 -
The Trump Administration proposed banning a smaller investor size than expected from purchasing more single-family houses, according to the Wall Street Journal.
February 20 -
Research from Andrew Davidson claims a significant number of mortgage borrowers would have a wide variance in credit score if less than three pulls are used.
February 20 -
Treasury Secretary Scott Bessent said in a public appearance in Dallas Friday that the administration will seek alternative means of enacting the White House's tariff agenda after the Supreme Court struck down the tariffs as outside the bounds of the law.
February 20 -
The CEO of the retail lender said the company shuttered after reassessing an evolving regulatory environment and continued market consolidation.
February 20




