Federal Housing Finance Agency Director Sandra Thompson wants closer collaboration among the FHLBanks, the Federal Reserve and FDIC.

The MBA and others are pushing for federal regulators to go back to the drawing board on capital requirements for large banks. The regulators state that they will be flexible but defend the proposal.

When interest rates were low, escrow accounts were an afterthought in terms of MSR values. Now that interest rates are elevated, banks are seeing strong earnings from funds held in escrow accounts.

The Department of Veterans Affairs has called on servicers to pause foreclosures on VA home loans through May 31, 2024.

Hometown Lenders is in default on its warehouse lines, a new lawsuit alleges. Not only is the lender in trouble but so is its CEO/owner, who gave his personal guarantees on the loans.

Rep. Maxine Waters, CA, ranking member of the House Financial Services Committee, wants more federal funding for FEMA flood maps and for the NFIP.

Banks need to use stochastic events to better prepare for the long-term impact of climate change, according to a CoreLogic analyst.

The FHA Mutual Mortgage Insurance Fund remained healthy despite the 30-basis-point cut in insurance premiums earlier this year.

With the supply of MSRs expected to grow, there are concerns that prices won’t hold up. Meanwhile, the CFPB is considering incentives for lenders to retain servicing.

Delinquencies in the 30-60-day bucket are increasing in line with trends in unemployment. Foreclosures remain limited though there are concerns about borrowers with low levels of built-up equity. (Includes data table.)