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Treasury Secretary Scott Bessent said in a public appearance in Dallas Friday that the administration will seek alternative means of enacting the White House's tariff agenda after the Supreme Court struck down the tariffs as outside the bounds of the law.

The CEO of the retail lender said the company shuttered after reassessing an evolving regulatory environment and continued market consolidation.

Ownwell is one of the latest companies focused on easing mortgage-adjacent processes and costs to find new investment in the first two months of 2026.

GSMBS 2026-PJ2's losses are based on a senior-subordinate, shifting-interest structure and Fitch expects a 10.3% final probability of default in the AAA rating stress.

The Supreme Court Friday issued a 6-3 ruling that held that a law granting the White House economic emergency powers does not include the power to tax imports.

In a blow to the President's economic agenda, the high court said the trade barriers could not stand.

The New York City-based lender, whose roots lie in taxi lending, believes an expanded home-improvement loan operation will generate mid-teen loan growth this year.

The increase in borrower activity came as housing starts ended 2025 on a high note, while mortgage rates were a percentage point lower year-over-year.

The impact of insurance costs, availability and related state rules also were top of mind at the Mortgage Bankers Association servicing conference.

The lawsuit accuses Veterans United of deceptively suggesting it's part of the Department of Veterans Affairs and steering clients to more costly loans.

While the Freddie Mac survey recorded a weekly decline, the benchmark 10-year Treasury yield had moved back up by 6 basis points around midday on Thursday.

An index of contract signings fell 0.8% last month to the lowest level in data from 2001, following a revised 7.4% decline in December, according to National Association of Realtors figures released Thursday.

About 1.3% of residential properties in the United States were vacant at the beginning of the year, Attom found.

TransUnion projected moderate growth in 2026 for mortgages, projecting purchases and refinances to increase 4% and 4.2% year over year.

The credit reporting agency must revise its customer agreements because a judge disagreed with its attempt to end the case through an arbitration clause.

New residential construction in the US rose to a five-month high in December, as homebuilders boosted production to take advantage of lower borrowing costs.

Federal Reserve Vice Chair for Supervision Michelle Bowman said in comments Wednesday that the central bank plans to publish its Basel III endgame capital proposal for public comment before the end of March.

Some market sectors face growing challenges related to a K-shaped economy as servicers play an increasingly important role in keeping customers.

Loans will continue to be originated and closed in the name of Firstrust Bank but the MortgageCountry will oversee lending end-to-end and provide its leadership.

Data breach extortion group ShinyHunters used social engineering to steal customer names, addresses and phone numbers from the blockchain lender.