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Tag Archives: Finance

Soldiering On: Addressing the Mortgage Needs of Veterans

When service members come home, they deserve to have a place to call home. Industry leaders have come together to form a council providing support to veteran’s assistance programs addressing the struggles behind this fight. Editor’s Note: This feature originally appeared in the August issue of MReport.

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Opting for Optimization in Mortgage Lending

Fintech innovations have the potential to transform and streamline business processes for lenders. But first, they have to embrace them. Editor's Note: This article originally appeared in the August issue of MReport, out now.

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Jury Finds Nomura Trader Guilty of Conspiracy

A former executive at Nomura, a financial holding company based in Japan, was found guilty of conspiracy on Thursday by a Connecticut jury. The defendant, Michael Gramins, allegedly added secret commission fees onto mortgage-backed security transactions he handled between 2009 and 2013, according to the verdict. Gramins wasn’t the only party involved—though he was the single person charged. The state’s case also named Nomura’s Ross Shapiro and Tyler Peters in the suit, which alleges the three defendants illegally added to their profit margins when handling RMBS transactions for their employer.

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