BoE governor Carney gets his turn to address markets; Chinese exports expected to reveal further weakness; Whirling Dervishes swirl toward enlightenment.
Some of the largest investors of residential mortgage-backed securities originated by Option One Mortgage are pressing the firm to buy back loans they claim were improperly originated or documented and sold into securitization trusts, according to Talcott Franklin.
ESL Partners’ Eddie Lampert establishes a number of new stock positions in the fourth quarter, such as Cisco Systems, Gap, Seagate, H&R Block and Genworth Financial.