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February 2026

Servicers offer support as nonagency gets more competitive

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The wide-ranging nonagency mortgage market is giving traditional lenders more reasons to consider branching out into it, according to servicers supporting these strategies. Processing Content “Certain types of nonowner-occupied GSE loans that are agency deliverable now trade better in the nonagency space,” said Michael Yanniello, chief operating officer, head of portfolio oversight and operations, Onity […]

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Joseph Gatti joins Morgan Lewis as structured finance partner

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International law firm Morgan Lewis has hired Joseph Gatti as a partner in its structured transactions practice, the company announced. Processing Content 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, the company announced. He joins from Amherst Residential,

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CFPB shutdown battle

CFPB shutdown battle reaches crucial D.C. Circuit hearing

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Al Drago/Bloomberg Processing Content Key Insight: The high-stakes case revolves around the actions of Russell Vought and President Trump’s publicly stated goal to eliminate the CFPB, challenging Congress’ authority to establish the agency. What’s at stake: The National Treasury Employees Union is fighting to maintain an injunction that has blocked the CFPB’s leadership from laying

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