caulkett-amicus-final_011615-preview

LSTA, joined by the American Bankers Association, the Securities Industry and Financial Markets Association and the Clearing House Association, filed with the Supreme Court of the United States an amicus brief in support of the proposition that a bankruptcy court cannot compel the holder of a mortgage to relinquish property to a debtor, free of the lien, without payment in full of the underlying debt.

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caulkett-amicus-final_011615.pdf

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January: Cold Temps, Hot Markets

Thanks both to improving sentiment – case study: Nasdaq’s 2% jump following the Fed’s 25 bps rate rise on Wednesday.