Contracts, Invoices & Legal

GSMBS 2026-PJ2's losses are based on a senior-subordinate, shifting-interest structure and Fitch expects a 10.3% final probability of default in the AAA rating stress. View the full article

Ownwell is one of the latest companies focused on easing mortgage-adjacent processes and costs to find new investment in the first two months of 2026. View the full article

The CEO of the retail lender said the company shuttered after reassessing an evolving regulatory environment and continued market consolidation. View the full article

Treasury Secretary Scott Bessent said in a public appearance in Dallas Friday that the administration will seek alternative means of enacting the White House's tariff agenda after the Supreme Court struck down the tariffs as outside the bounds of the law. View the full article

Research from Andrew Davidson claims a significant number of mortgage borrowers would have a wide variance in credit score if less than three pulls are used. View the full article

The Ohio Supreme Court nixed a consumer's attempt to secure relief for over 1,000 borrowers, regarding fines the lender owed them over late paperwork. View the full article

In a letter to regulators, the consortium of organizations recommended regulatory changes affecting a range of rules from risk weights to warehouse financing. View the full article

A highly esteemed bank policy researcher and author, Petrou was an influential voice in Washington and sharp critic of the Federal Reserve's ultra-low interest rate policy after the 2008 financial crisis. View the full article

Federal Reserve Gov. Christopher Waller said during an appearance Monday his decision on whether or not to support a cut to short-term interest rates depends on labor market indicators. View the full article

The CFPB is in an existential legal brawl against it's own acting director, Russell Vought, and President Donald The President, whose confirmed goal is to kill the agency. View the full article

Gatti will be based in the firm's Washington, D.C. office, where he focuses on structuring and executing asset-backed securities deals and other structured finance transactions. View the full article

The sector has specialized data that experts can help with and may mitigate cyclical risk, but costs and customers are considerations, an industry veteran says. View the full article

A median-income household could comfortably afford a $331,483 home with a 20% down payment in January, $30,000 more than a year ago, Zillow found. View the full article

Some mortgage companies are taking advantage of a loan-interest deduction that was designed to benefit community banks, a Washington State legislator alleged. View the full article

Home buyers working with the originator won't have to liquidate their digital assets to access purchase, refinance, second-home or investment loans. View the full article

Federal Reserve Bank of Chicago President Austan Goolsbee said the central bank should focus on getting inflation to its 2% target before making any additional cuts to short-term interest rates. View the full article

Federal Deposit Insurance Corp. report shows margins widened and profitability remained high even as credit quality saw some wobbles from consumer and commercial loan portfolios. View the full article

Home prices edged up nationwide, but gains were modest and uneven. Major indexes agree on direction, differ on size, as 2025 posted weak growth. View the full article

Bowman's Basel III relief may ease MSR capital but won't bring banks back; risk weights and economics still favor nonbanks, according to the Chairman of Whalen Global Advisors View the full article

Federal Reserve Gov. Lisa Cook said AI could boost productivity, but warned the transition may raise unemployment and force difficult tradeoffs between inflation and jobs. View the full article

Nearly 14% of homes that went under contract last month were cancelled, up from 13.1% last year and the highest January share in records, according to Redfin. View the full article

The agreement between servicing technology platform Vertyx and Great Lakes Credit Union arrives as the mortgage industry sets its focus on borrower retention. View the full article

Bond yields tested key resistance as markets largely shrugged at the data, according to the Head of Correspondent Business Development at AD Mortgage. View the full article

The fourth quarter results integrated the operations of both Redfin and Mr. Cooper into Rocket Cos., with the deals likely contributing to the full year loss. View the full article