Lessons from 9/11: How one NYC community bank rebounded
Abacus Federal Savings Bank in Chinatown scrambled to reopen in the days following the World Trade Center attacks. The exercise resulted in the bank's first disaster-recovery plan.
PMT Loan Trust raises $363.6 million in prime RMBS
The current transaction has the largest collateral pool that the platform has issued all year, with 294 loans, and it has the highest percentage of conforming loans, at 45.1%.
The 9/11 attacks marked a sea change in bank regulation
The USA Patriot Act passed on an overwhelming bipartisan basis in the wake of the 9/11 attacks, overhauling banks' involvement in anti-money-laundering efforts.
Pamela Heman
Phone:+1(816) 810-5001