Mortgage activity decreased last week, as rates held steady in the mid 6% range, the Mortgage Bankers Association found.  Processing Content The MBA’s Market Composite Index, a measure of mortgage loan application volume, decreased 3.8% on a seasonally-adjusted basis from one week prior for the week ending June 12, 2026. The Index fell 5% on […]

Key insight: The guidance makes explicit that fraud qualifies for the 314(b) safe harbor, and that a bank need not first identify laundered fraud proceeds to be covered. Expert quote: Daniel Stipano, a former longtime OCC official now at Davis Polk, cautioned that the statute’s safe harbor covers money laundering, not fraud, and that “the

Investor real estate purchases declined by over 20% in the first quarter, both from three months and one year prior, but still made up nearly one-third of all home sales during the period, the latest BatchData Investor Pulse Report found. Processing Content The drop comes as the U.S. government was working to, and looks like