Moody's Investors Service has placed on review for possible downgrade three certificates from two transactions issued by DLJ Mortgage Acceptance Corp.Classes B-2 and B-3 from series 1996-QJ and class B-1 from series 1996-QB "are being placed on review for downgrade based on the weak performance of the underlying loans with historical and expected cumulative losses exceeding original expectations," according to Moody’s. Moody’s can be found online at http://www.moodys.com.
Lenders are still sending files to their secondary market partners with missing or misplaced documents, affecting how the collateral is viewed and priced.
The brokerage boss settled litigation with ex-business partner Mat Grella which involved private aviation, luxury cars and a separate six-figure judgment.
The median down payment for a potential Gen Z homebuyer is well below the amount the three older generations are looking to make, a LendingTree study found.
House Republicans floated discussion legislative drafts aimed, in part, at strengthening the Federal Home Loan Banks' role providing liquidity to the financial system.
More than 80% of lenders are evaluating AI tools across their businesses, yet only 17% have deployed the technology in live production workflows.
Equity levels grew to start 2026 after pulling back to end last year, as older homeowners increasingly say they prefer to remain in place rather than downsize.
