Total servicing tied to agency single-family mortgage-backed securities rose to $9.004 trillion as of the end of September.

Blackstone is expected to initially operate as a buyer of loans with mortgage-backed security issuance to follow.

Kristen Clarke, assistant attorney general in the DOJ’s civil rights division, said the settlement shows that the DOJ intends to hold “all types of lenders accountable for their role in modern-day redlining.”

No indication yet from federal regulators on when a planned re-proposal of capital requirements for large banks will be issued.

Some $189.08 billion of loans with insurance coverage were included in agency MBS issued in the third quarter, a 13.6% increase from the prior period.

Foreclosure activity declined by 2% in the third quarter of 2024 compared with the previous quarter.

“Without an increase in NMLS processing fees, CSBS staff projected losses of nearly $133 million over the next decade,” CSBS said in a report in response to feedback received on the proposal.

Andrew Davidson & Co. used data on credit use, balance and payment across time and multiple loan types to garner a comprehensive view of consumer financial behavior.

Damage costs from Hurricane Milton could affect insurance underwriting margins and earnings.

Five of the top 10 GSE sellers increased their volume by at least 20.0% in the third quarter.