Author name: Ricky Vasquez

Chart showing ERISA asset classification: REMIC trusts count as plan assets, while RMBS indenture agreements do not.

REMIC servicers may have fiduciary duty under retirement law

A residential securitization trustee could be held to a fiduciary standard under federal retiree law as the Second Circuit Court of Appeals looked to split definitional hairs on whether the mortgages are considered plan assets. Processing Content The case was brought by six trustees of the United Food & Commercial Workers Union & Employers Midwest […]

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Housing demand holds up despite mortgage rates at yearly highs

As shocking as it may seem with all the crazy things that have happened in 2026 — AI labor disruption headlines, epic snowstorms and especially the Iran conflict — housing demand, even last week, still showed year-over-year growth with mortgage purchase applications data and our weekly pending home sales. However, that growth has slowed and

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