The class A-3 notes from Enhanced Mortgage-Backed Securities Fund V Ltd., a collateralized debt obligation, have been downgraded from CC/DR3 to C/DR4 by Fitch Ratings.In addition, Fitch withdrew its ratings on classes A-4 and B. The rating agency said the CDO had violated overcollateralization tests, and its portfolio of mortgage- and asset-backed securities was liquidated.
Fannie Mae seller guide update SEL-2026-08 includes a definition of present, residential and subordinate use cases in the new context of highest and best use.
The law, which went into effect in late 2025, led MBA lawyers to call New Jersey "the most expansive and aggressive disparate-impact regime in the nation."
Bob Marseilles joined Evergreen Moneysource to get the wholesale unit going following starting the TPO unit for First Tech Federal Credit Union.
Along with a 25% increase in production, Vishal Garg's scheme aims for monthly revenue growth of $7 million and a reduction of cash burn from $4 million to $0.
The big three's trade group has said they operate legally and protect the industry with a trio of reports. FHFA also is opening up VantageScore for all lenders.
eXp World Holdings, the parent company of eXp Realty, and Kind Lending ended their mortgage joint venture, Success Lending, it was reported Wednesday.
