Since its last long-term authorization expired in 2016, the National Flood Insurance Program has undergone several short-term extensions.

GSEs set to adopt new credit scores in late 2025; Rocket’s credit card; new president at MISMO.

Mortgage repurchases by banks declined by 27% during the fourth quarter. Reserves tied to repurchases increased, suggesting that mortgage buybacks could go back up in 2023. (Includes data chart.)

The Federal Reserve is working to understand why it was unable to prevent the failure of Silicon Valley Bank and some Democrats in Congress are pushing for increased regulation of community banks.

FHFA economists suggest originators may have better pricing technology than Fannie and Freddie.

The mortgage market is losing some capacity as Impac Mortgage and Finance of America move away from traditional production. The moves follow steep losses at the companies in recent years.

Fannie Mae has announced alternative ways to determine a property valuation when a full appraisal isn’t necessary.

It’s not a good time to be looking for work in the residential finance industry. However, the recent bank liquidity crisis caused interest rates to fall, which could improve the production outlook.

Last year was one of the largest for Hispanic homeownership growth in the past 10 years, according to a new NAHREP report.

Failed banks and interest rate risk; DOJ-Sterling Bank settlement; big banks boost First Republic; ICE to fight FTC over Black Knight deal; FHFA delays DTI fee; Guaranteed Rate offering fast approvals.