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TPO, LOS, Cybershield, Subservicing Products; STRATMOR on Customer Satisfaction

“This commentary is only available while supplies last!” In the fall of 1621, the Pilgrims, working hard in Plymouth Colony after coming to North America with limited supplies in 1620, held a three-day feast to celebrate a bountiful harvest: the nation's first Thanksgiving. No football was involved. (During the Lincoln Administration it became a national holiday in 1863 to be observed on the fourth Thursday of November.) 300 miles to the southwest, New Jersey has spent $2.6 billion replenishing the Jersey Shore with sand since 1922 and given the inexorable march of climate change fueling beach erosion, the fear is that not even that will be enough to keep the beach alive. Per foot of shoreline, Jersey has been one of the most aggressive when it comes to shoring up the beach. There are other ways to stabilize the shoreline, like facilitating vegetation and building out hard structures like jetties and t-groins, but those haven't seen anywhere near the inves ....

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TPO, QC, Credit Analysis, Bus. Dev., PPE Products; Credit Suisse Bought

“SMONDAY: The moment when Sunday stops feeling like a Sunday and the anxiety of Monday kicks in.” Do you think the shareholders and management of Credit Suisse felt that, given Credit Suisse is being purchased by UBS for $3.3 billion? Remember when CS was a renowned jumbo buyer? Now we can watch the layoffs. The CS price per share marked a 99 percent decline from Credit Suisse’s peak in 2007. Mark Twain said, "The older I get, the more clearly I remember things that never happened.” The S&L Crisis certainly happened, but have regulators, auditors, and rating agencies forgotten about it? Under the “getting ready to fight the last war” category, the Federal Reserve is evaluating tougher rules for midsized banks after the failures of Silicon Valley Bank (SIVB) and Signature Bank (SBNY). It is looking at tougher capital and liquidity requirements and could beef up annual "stress tests" that assess banks&#3 ....

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