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The volatility pushed whole loan spreads wider and brought single-asset single-borrower commercial mortgage-backed securitization to a halt as lenders waited for clarity.
June 4
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Securitizations are breaking new ground and whole loan investors have been active as nonbanks increasingly originate and sell second lien products.
June 4
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The Treasury market experienced unexpected volatility in April after President Trump announced sweeping tariffs, but recovered after the moves were delayed. Some see that as proof of resilience in the market, but others say it highlights vulnerabilities.
June 4
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The San Francisco-based bank was long hamstrung by a regulatory order that kept it under $1.95 trillion of assets. Now Wells can hit the gas on business lines it had kept idle.
June 3
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The software firm will employ Wolters Kluwer's technology that allow it to offer hybrid closings as well as remote online notarizations through its platform.
June 3
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The Detroit company intends to pay at least $1.9 billion of the servicer's senior notes due through 2028, and could cover another $3 billion due through 2032.
June 3
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The new notes redeem older ones issued in 2018 and address the kind of near-term obligation that analysts have monitored closely at nonbank mortgage firms.
June 3
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The defunct Trident Mortgage, whose obligations were handled by Home Services of America, was accused of "systemic racism" in lending around Philadelphia.
June 3
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Acting Comptroller of the Currency Rodney Hood signals rollback of key safeguards like the supplemental leverage ratio, aligning with administration's push to ease bank capital demands and spur credit.
June 3
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Signs are emerging that the Trump administration may be less willing to give up control of mortgage giants Fannie Mae and Freddie Mac than investors have bargained for, as policymakers scrounge for ways to close US budget gaps.
June 3
