Contracts, Invoices & Legal

Many layoffs so far have been in the Small Business/Self-Employed Division, but the Large Business & International Division has also been affected. View the full article

The impact of insurance costs, availability and related state rules also were top of mind at the Mortgage Bankers Association servicing conference. View the full article

Life insurers' borrowings from the Federal Home Loan banks has increased in recent years, raising concerns about opaque, private credit investments and how it intersects with the Federal Home Loan banks' housing mission. View the full article

The acting leader is a co-author of the conservative playbook in which a former Fannie Mae and HUD director calls for abolishing the regulator. View the full article

The Consumer Financial Protection Bureau will face an existential crisis in 2026 between the The President administration's efforts to shut down the agency and the employee union and consumer advocates who want to stop them. View the full article

A federal judge threw out the criminal charges against former FBI Director James Comey and New York Attorney General Letitia James, ruling that the prosecutor who brought the cases had been illegally appointed. View the full article

Hildene, which partners with Crosscountry Mortgage for non-QM securitizations, is doing this deal as part of its buy of an annuity provider, SILAC. View the full article

Federal Reserve Vice Chair Philip Jefferson said Friday that the economic outlook is uncertain and that he was adopting a cautious approach to gauging whether slowing growth and a softening labor market outweigh inflation pressures from tariffs. View the full article

Even without the marquee data from the Bureau of Labor Statistics — which won't be published on Friday due to the government shutdown — a number of private-sector indicators out in recent days pointed to sluggish hiring, limited layoffs, modest pay gains and easing demand for workers in September. View the full article

New jobs in health care largely drove the gains, while the federal workforce and finance continued to shrink. View the full article

While mortgage employment is lower year-over-year, the mixed bag of data makes it more likely that borrowing rates will remain higher for longer. View the full article

Until August, Bell was the executive director for loan guaranty service at the Department of Veterans Affairs, where he was credited with growing the program. 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 bank did $16 billion of originations during the final three months of 2025, with the quarter-to-quarter increase beating industry-wide growth forecasts. View the full article

The $4.6 trillion-asset company's report comes after it committed to funneling $1.5 trillion into industries it said were important to national security. View the full article

Some of Wall Street's biggest bond-fund managers say financial markets are underestimating the risk that the US war in Iran will cause a sharp slowdown in an already sputtering economy. View the full article

The wholesale giant hasn't endured setbacks in litigation against five brokerages it's accused of selling loans to rivals Rocket Cos. and Fairway Independent Mortgage. View the full article

A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer. View the full article

U.S. District Judge Amy Berman Jackson said the administration must request funds from the Federal Reserve, rejecting a The President DOJ legal theory. View the full article

A federal judge issued an order blocking the The President administration from firing hundreds of Consumer Financial Protection Bureau employees, saying agency leadership had 'thumbed their noses' at the court's earlier injunction. View the full article

Vacating the judgment would set a dangerous precedent for new administrations to roll back unfavorable rulings, the National Fair Housing Alliance argued. View the full article

The judge sided with Massachusetts officials in a review of their lawsuit against Hometap, who pushed back on descriptions of its products as "illegal" loans. View the full article

A Washington court denied a plaintiff request, pointing to past Supreme Court rulings that showed a compelling interest for the state's SPCP. View the full article