Banks, thrifts and credit unions ended the year with $3.551 trillion of unsecuritized home loans on their books, a gain of 0.8% from the third quarter.
Invictus has an MBS with non-agency mortgages for investment properties, Figure is marketing a HELOC securitization and Rocket is offering a closed-end second deal.
The lawsuit alleged Banner violated the Fair Labor Standards Act by not compensating mortgage loan officers who were required to work off the clock and more than eight hours per day.