Chris Frankie

Chris Frankie

Nomura to Pay $25M Over Mortgage Bond Traders’ Lies

Nomura Securities International has agreed to pay back $25 million to clients to settle SEC allegations that the Nomura Holdings unit failed to supervise former traders who gave phony prices for mortgage bond securities. So reports Bloomberg.

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Mortgage Rates Rise on Federal Reserve Optimism: Freddie

After three weeks of treading water, U.S. long-term mortgage rates rose in the past week, according to Freddie Mac. So reports the Associated Press.

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Special Report: The Role of Housing in the Longest Economic Expansion

CoreLogic, a global property information, analytics and data-enabled solutions provider, released a special report evaluating “The Role of Housing in the Longest Economic Expansion.”

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