FirstKey Mortgage is returning to sponsor a securitization of revenue from a pool of performing and reperforming mortgages, raising $465.5 million. Processing Content The deal, Towd Point Mortgage Trust series 2026-2, expects to pay coupons of 4.53% on the A1A through B4 notes, virtually all the notes in the capital structure. They have a final […]
Towd’s latest mortgage pool raises $465.5 million Read More »
Christopher Peterson, a former Democratic gubernatorial candidate in Utah and former advisor at the Consumer Financial Protection Bureau, has been tapped to lead New Jersey’s Division of Consumer Affairs. Processing Content What’s at stake: The appointment is part of a growing trend of consumer experts moving into state roles as federal consumer oversight stalls. Key
Ex-CFPB official nominated to lead NJ consumer affairs Read More »
A federal judge granted a motion to dismiss one of the lawsuits accusing Zillow of a kickback scheme that steered borrowers to its more expensive in-house financing business and affiliated agents. Processing Content U.S. District Judge James Robart found the complaint lacked statutory standing for a Real Estate Settlement Procedures Act claim and the plaintiffs
Judge grants Zillow motion to dismiss RESPA, RICO lawsuit Read More »