Interactive Brokers is raising margin requirements on volatility products, to very high and arguably unreasonable levels that at best border on paternalism. We argue that IBKR is taking prudent action that will enhance the long-term best interests of many of its clients, as well as its shareholders.
Community activists say the D.C. government has undermined a new law giving the District greater oversight of companies that collect student loan payments by failing to hire a point person for the task. The District enacted legislation at the end of the year creating a student loan ombudsman within the Department of Insurance, Securities and…
Special Counsel Robert Mueller will be interviewing three leading intelligence officials soon, with indications that he is scrutinizing possible obstruction of justice by President Donald Trump, the Washington Post reported Wednesday. ABA Journal Daily News
What happens when you combine an already tight housing market, marijuana, a Chinese crime syndicate, and the U.S. government? The answer is not a movie starring Jackie Chan, Sean Penn, and Denzel Washington. “This represents one of Non-QM loans aren't subprime loans. Foreclosure News
Ocwen Financial Corporation , a leading financial services holding company, today joined a group of select mortgage servicers, housing finance agencies, government-sponsored enterprises , and government officials at the Eighth Annual Hardest Hit Fund Summit to discuss strategies to leverage Hardest Hit Fund resources for the benefit of borrowers in states that are participating in…
ABA Journal Daily News
The most ostentatious projects in Manhattan may reflect the wildest ambitions of local developers, but they're increasingly bankrolled by centers of wealth and power from all across the globe. And nowhere is that truer than on 57th Street. Foreclosure News
