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How Warsh’s hawkish comments will impact mortgage rates

Federal Reserve Chair Kevin Warsh sent markets a clear, hawkish signal: don’t expect any interest rate policy shifts, post-speech commentators said. Processing Content Warsh, if anything, spoke out against providing the markets any forward guidance, which is typically used to price longer-term instruments. The speech was Warsh’s first as chairman at the Federal Reserve Bank […]

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SEC clears Garg’s return bid as TRO rulings loom

Ex-CEO Vishal Garg may be rewriting the playbook on how to reclaim a company, as the founder’s high-stakes battle with Better Home & Finance reaches another critical stage.  Processing Content The former Better boss received approval Thursday from the Securities and Exchange Commission to begin soliciting shareholder support for his comeback plan, his attorney confirmed.

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Loan Trust launches new RMBS backed by prime fixed-rate mortgages

PMT Loan Trust 2026-J5 is set to raise $323.7 million through a securitization backed by 251 fully amortizing, 30-year fixed-rate mortgages with a weighted-average loan age of two months, according to Morningstar DBRS. Processing Content The portfolio’s average original combined loan-to-value ratio is 75.1%. All loans were originated under the general QM rule and are

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