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.
The credit reporting agency must revise its customer agreements because a judge disagreed with its attempt to end the case through an arbitration clause.
The two organizations announced the Certified Home Equity Advisor credential, which will help financial professionals integrate home equity in retirement plans.
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The lawsuit accuses Veterans United of deceptively suggesting it's part of the Department of Veterans Affairs and steering clients to more costly loans.
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About 1.3% of residential properties in the United States were vacant at the beginning of the year, Attom found.
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The credit reporting agency must revise its customer agreements because a judge disagreed with its attempt to end the case through an arbitration clause.
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New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs.
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Federal Reserve Vice Chair for Supervision Michelle Bowman said in comments Wednesday that the central bank plans to publish its Basel III endgame capital proposal for public comment before the end of March.
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Rising defaults, fraud risks, and collapsing rents are converging in urban multifamily, threatening lenders and taxpayers, according to the Chairman of Whalen Global Advisors.
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Despite a weak ADP jobs print, Treasury yields went nowhere, reinforcing a growing bearish, defensive case for rates, according to the CEO of IF Securities.
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IMBs outperform banks, face outsized scrutiny, and confront rising affordability challenges, according to the President of the Community Home Lenders of America.
Banks and credit unions are pairing AI-driven efficiency with stable staffing and cross-training to scale mortgage production as originations rebound and technology expands capacity.
More than half of respondents in a National Mortgage News survey predict AI-backed underwriting will fundamentally change mortgage processes in 2026.
Tara Payne is vice president for communications and the head of publications at the Bank Policy Institute.
Clara Kim is a senior vice president for BSA/AML and sanctions at the Bank Policy Institute.
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