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Not Much Relief for High Mortgage Rates

April 3, 2025
Paul Muolo
The yield on the benchmark 10-year Treasury has fallen in recent weeks but primary mortgage rates haven’t moved in lockstep.
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Switch Lights Up CMBS and ABS Data Center Issuance

April 3, 2025
James Dohnert
Switch’s CMBS is the second-largest securitization ever completed in the data center securities space.
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Talk: Onity Considering Sale as Offering Book Circulates

April 3, 2025
Paul Muolo
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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Federal Judge Blocks Trump From Dismantling CFPB

April 3, 2025
Shannon Clark
Judge Amy Berman Jackson said the evidence in the lawsuit makes it clear that the Trump administration has no intent of operating the CFPB at all.
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CFPB Moves to Refund Townstone’s Settlement

April 3, 2025
Shannon Clark
The move could set a dangerous precedent, according to Adam Rust, director of financial services at the Consumer Federation of America.
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Court Halts Firing of Federal Workers, But Not Nationwide

April 3, 2025
Shannon Clark
The preliminary injunction only applies to workers who live or work in Washington, DC, and the 19 states that sued the Trump administration over the mass layoffs of probationary employees at 18 federal agencies.
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Bank Regulators to Rescind 2023 CRA Reforms

April 3, 2025
Brandon Ivey
The federal regulators’ decision to give in to pressure by trade groups representing banks isn’t sitting well with consumer advocates.
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Sharp Democratic Response to FHFA Actions

April 3, 2025
Dennis Hollier
FHFA Director Bill Pulte gets a glimpse of what congressional oversight looks like as leading Democrats criticize him for actions in his first weeks in office.
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Preliminary Injunction in NTEU Lawsuit Halts Trump

March 31, 2025
Shannon Clark
The injunction is in place until the court resolves the lawsuit brought by the NTEU. The Trump administration appealed the order.
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CFPB Employees Quitting Before the Ax Falls on Them

March 31, 2025
Shannon Clark
Bureau officials who voluntarily resigned recently include Mark McArdle, assistant director of mortgage markets, and Gabriel O’Malley, deputy enforcement director for policy and strategy.
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