The chairman of the Federal Trade Commission sent a warning letter Friday to national mortgage services provider Mortgage Connect over employee contracts. Processing Content Andrew Ferguson, who has served as the agency’s commissioner since April 2024, urged the company to review its employment contracts, including any noncompete agreements or other restrictive covenants, to ensure they […]

Key takeaway: The Federal Reserve said market froth remains the leading risk to financial stability, consistent with its assessment in November.   Expert quote: “Treasury market liquidity initially deteriorated in line with this heightened volatility, demonstrating the vulnerability of market liquidity during periods of acute stress.” —Federal Reserve Financial Stability Report. What’s at stake: The report comes

Housing data once again remained resilient last week even as mortgage rates are closer to yearly highs than lows, with demand hitting multiyear highs in our weekly pending home sales data. Housing isn’t booming by any means, but it’s holding up well considering all the drama we have had in 2026. Also, our weekly active