Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now In a December 2025 letter to Federal Housing Finance Agency Director Bill Pulte, the Mortgage Bankers Association noted that “the current GSE requirement to obtain a report from each of the three credit […]
Why the tri-merge credit mandate is hard to defend Read More »
Key Insight: The Supreme Court’s focus on procedural and due process concerns suggests that Fed Governor Lisa Cook is likely to remain in her post while her case against the Trump administration proceeds. Expert quote: “While it’s always perilous to try to predict where the Court will come out, it seems to me that the
Trump Fed majority stalled, not stopped, if Cook remains Read More »
A group of mortgage borrowers have filed a third amended class action complaint against Wells Fargo over loan-modification issues dating back to 2010. Processing Content The latest action in Curry, et al. v. Wells Fargo Bank NA reiterates allegations related to Wells Fargo miscalculations around the cost of loss mitigation for multiple borrowers, but focuses
Wells Fargo faces amended class action loan-mod complaint Read More »