A big deal in nonprime mortgages proves leery investors are finally hungry again

The appetite for riskier mortgages is rising, and a small cadre of investment firms is ready to feed it.Angel Oak Capital Advisors just announced its second rated securitization of nonprime residential mortgages this year, a deal worth just more than $210 million and...

Media mogul Barry Diller on Trump: ‘I think it’s just a joke. Hopefully it will be over relatively soon.’

Barry Diller, chairman of IAC, told CNBC on Wednesday that Donald Trump’s presidency has been a “joke.” “He hasn’t done anything, really. I think it’s just a joke. Hopefully it will be over relatively soon,” Diller said....