The privately held Bayview reportedly has a “ton of capital” at its disposal, according to investment bankers.

Housing Secretary Scott Turner refuted the notion that the federal government would sell national park land for housing development.

Floods are the main driver of climate-related foreclosures, according to First Street. The firm said lenders consider climate as a risk factor.

The court on May 16 heard the government’s appeal against a preliminary injunction that prohibited it from laying off more than 1,400 bureau employees through a reduction in force process.

Nonbanks are especially vulnerable and at-risk in the absence of consistent federal regulation, according to panelists at the Conference of State Bank Supervisors’ mortgage symposium.

Some 9.02% of purchase-mortgage applications were turned away in 2024, compared to 9.49% in the previous year, an analysis of HMDA data showed. (Includes data table.)

In just under two months, the bureau’s temporary mortgage servicing provisions enacted in response to the pandemic will end, potentially disrupting servicing operations.

The bureau’s proposed data broker rule was withdrawn. And the agency is considering whether it will also get rid of its nonbank registry final rule.

The exemption from standards for qualified mortgages would increase to include banks with up to $50 billion in assets.

The move is unlikely to have much impact on states, according to industry attorneys.