Class B-4 of CSFB Home Equity Asset Trust series 2006-4 has been placed on Rating Watch Negative by Fitch Ratings.In addition, Fitch upgraded one class and affirmed the ratings on 22 classes in four Credit Suisse First Boston mortgage-backed securitizations. The negative rating action was attributed to "early negative trends in the relationship between serious delinquency and credit enhancement." The rating agency can be found online at http://www.fitchratings.com.
Chad Smith departs the lender in a transition phase, after helping Better to generate 2.5 times growth in total revenue and funded loan volume since 2024.
The Federal Housing Finance Agency has barred 51 people from working with Fannie Mae and Freddie Mac this year, the most suspensions in any calendar year.
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.
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.
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.
