Another Fed rate cut to finish 2025? Not so fast
The odds that the Federal Reserve will cut benchmark interest rates again in December are still high — but not as high as they were before last week’s cut.
Regulatory
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FHFA inspector general role vacant after reported ouster of Joe Allen
The inspector general position at the Federal Housing Finance Agency (FHFA) is currently vacant after the reported ouster of Joe Allen.
Debate heats up around GSEs’ potentially larger role as MBS buyers
Overall, the perception is that having new buyers of MBS would be positive for the industry, although some question whether the GSEs would be the best actors to play this role.
Fed prepares to pivot balance sheet, with potential ripple effects for mortgages
A growing number of economists believe the Federal Reserve is close to announcing the end of its quantitative tightening (QT) program — a move that could have wide-reaching implications for the mortgage industry.
Fifth Third buys Comerica in nearly $11B deal
The transaction is expected to close by the end of the first quarter of 2026, pending approval from each company’s shareholders.
Why the FTC is targeting Zillow and Redfin’s rental deal
The government alleges the deal unlawfully transferred assets and eliminated competition, with claims spanning multiple antitrust statutes.
FinCEN delays implementation of anti-money laundering rule
The rule is now slated to go into effect four months later in March 2026, which FinCEN said will give title firms more time to comply.
CFPB ends multiple lender consent orders, opens few new cases
Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has been winding down enforcement actions against lenders and servicers while opening only two new cases.
Douglas Elliman investigated over insider trading: Reuters
Reuters reports that Douglas Elliman is being investigated over its rumored acquisition deal with Anywhere and possible insider trading.
Mortgage compliance challenges affect 60% of lenders
Carleton survey reveals 60% of organizations struggle with mortgage compliance challenges while two-thirds face monthly loan payment discrepancies.