Bonds Mostly Finding Their Own Buyers
There are three distinct reasons that could account for bonds paradoxically rallying overnight despite oil prices remaining high and an absence of meaningful de-escalation in the Iran war. The most notable development has been the correction in Fed Funds Futures that began on Friday morning and exte
Mortgage industry baffled by Trump's MLO order
A section of Trump's executive order on mortgage credit called for eliminating requirements for loan officer registration, a process industry experts say has never been considered a burden.
REMIC servicers may have fiduciary duty under retirement law
A federal appeals court ruled mortgages in REMIC trusts may qualify as ERISA plan assets, reviving fiduciary duty claims against Onity in a case brought by a union pension fund.

Pamela Heman
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