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Brexit | Meaning, Referendum, Date, & Consequences

Brexit, the United Kingdom’s withdrawal from the European Union (EU), which formally occurred on January 31, 2020. The term Brexit is a portmanteau coined as shorthand for British exit. In a referendum held on June 23, 2016, some 52 percent of those British voters who participated opted to leave the EU, setting the stage for the U.K. to become the first country ever to do so. The details of the separation were negotiated for more than two years following the submission of Britain’s formal r...
United Kingdom Northern Ireland City Of Theresa May Boris Johnson Terms Of Parliament

United Kingdom - The "Brexit" referendum

On December 2, 2015, in the wake of the attacks by Islamist terrorists in Paris on November 13, the House of Commons authorized air strikes by the British military on ISIL targets in Syria. The vote on the measure came after some 10 hours of debate. Labour leader Jeremy Corbyn freed members of his party to vote their conscience, and dozens of them broke ranks to join the Conservatives and others in voting for authorization, which passed 397–223. At a summit meeting of the leaders of the membe...
United Kingdom Northern Ireland City Of Jeremy Hunt Keir Starmer Boris Johnson

Recruiting, Cap. Mkts., DPA, Lead Conversion, Broker Products; Jumbo, Non-Agency, Non-QM News

We began 2022 thinking that this might be the “Year of Non-QM.” The product certainly has its advantages for some borrowers, and lenders & investors. And then First Guaranty and Sprout vanished, and the herd of lenders was spooked, began talking about March of 2020 when some investors backed away from the market, and everyone was reminded to never have only one “take out” for a given loan or product. And then the headline yesterday: “SEC Charges Ang...
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Brexit | Meaning, Referendum, Date, & Consequences

Brexit, the United Kingdom’s withdrawal from the European Union (EU), which formally occurred on January 31, 2021. The term Brexit is a portmanteau coined as shorthand for British exit. In a referendum held on June 23, 2016, some 52 percent of those British voters who participated opted to leave the EU, setting the stage for the U.K. to become the first country ever to do so. The details of the separation were negotiated for more than two years following the submission of Britain’s formal r...
United Kingdom Northern Ireland City Of Jeremy Selwyn Theresa May Andrew Parsons

United Kingdom - The "Brexit" referendum

On December 2, 2015, in the wake of the attacks by Islamist terrorists in Paris on November 13, the House of Commons authorized air strikes by the British military on ISIL targets in Syria. The vote on the measure came after some 10 hours of debate. Labour leader Jeremy Corbyn freed members of his party to vote their conscience, and dozens of them broke ranks to join the Conservatives and others in voting for authorization, which passed 397–223. At a summit meeting of the leaders of the membe...
United States United Kingdom Northern Ireland City Of Theresa May Jeremy Hunt

Underwriting, HELOC, DSCR, MSR Products; UWM, Rocket 1st Quarter Stats

Remember: April is National Procrastination Month! I could tell that my cat Myrtle was displeased the other morning. She’s very secretive about her finances, but my guess is that she’s “long” residential lender stocks and procrastinated selling them. Nearly every lender’s stock price is near all-time lows, making the sellers of these companies during the last few years look like timing geniuses. Earning notes on UWM and Rocket are below, but loanDepot shares ha...
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Earning Interest on Crypto & Fiat Has Never Been Easier as Nexo Offers Passive Income of up to 12%

Earning Interest on Crypto & Fiat Has Never Been Easier as Nexo Offers Passive Income of up to 12% Reading Time: 4min read Nexo, the trusted digital assets institution that was the first to introduce lending services to the crypto sector has surpassed many traditional investment instruments by also offering high yield returns in the form of daily interest payouts. Offering up to 12% passive income on its Earn on Crypto & Fiat product, Nexo has proven that the crypto sector is not only catching ...
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