Rep. Derrick Van Orden, R-WI, said unelected VA officials shouldn’t have the authority to “write a $16 billion or $17 billion check” through creation of a loan-modification program.

Nick Bhargava, co-founder and executive vice president of regulatory affairs at Groundfloor Financing, said the current lack of affordable housing inventory has caused real estate investors to look to fix and flip more properties.

The CFPB suggested that First Street Foundation does a better job of identifying flood risk than the Federal Emergency Management Agency.

KBRA said 24 of its rated RMBS transactions have more than 5% exposure to properties located in the counties affected by the LA fires.

Phoenix Capital is auctioning off a $661 million portfolio of conventional mortgage servicing rights.

Deliveries of rate-term refinances into agency MBS declined by almost 40% on a monthly basis in December.

Property insurance costs are expected to increase due to the LA-area fires.

The maximum principal balance of the transaction, known as Series 2024-VF2, is $1 billion and the aggregate committed amount is $500 million.

If Congress takes up GSE reform, Mark Calabria, who served as director of the Federal Housing Finance Agency during the first Trump administration, has some suggestions.

The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.