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Bank Loses Appeal of Preemption Lawsuit, With Broad Ramifications

September 30, 2025
Shannon Clark
"National banks may be required to comply with a wide range of state consumer financial laws," according to lawyers at the law firm of Ballard Spahr.
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Senators Raise Concerns About FEMA, NFIP

September 30, 2025
Brandon Ivey
Sens. Elizabeth Warren, D-MA, and Andy Kim, D-NJ, wrote to the leader of the Federal Emergency Management Agency, citing issues with the National Flood Insurance Program.
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Short Takes: Another Month of Home Price Depreciation / Pending Home Sales Increase / Better Offering Bank Statement HELOC / HUD’s Shutdown Warning

September 30, 2025
Brandon Ivey
Home prices declined on a monthly basis for the second consecutive month in July, according to FHFA.
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Better to Originate for Large, Unidentified Company. Stock Soars

September 29, 2025
Brandon Ivey
Better, which does not service loans, has new originations partnerships with two unidentified companies.
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Ginnie Servicing Share Hits Record in Second Quarter

September 26, 2025
Brandon Ivey
Since mid-2022, the agency has been gaining servicing share with lenders turning to FHA mortgages and loans through the Department of Veterans Affairs.
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UWM Sending Jumbo ARMs to Chase for MBS Issuance

September 26, 2025
Brandon Ivey
The last time Chase issued an MBS focused on ARMs from other lenders was 2019.
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Figure Looking to Expand Use of its MERS Competitor

September 26, 2025
James Dohnert
DART is a lien and eNote registry built on the Provenance blockchain.
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Impairment Rate on Securitized Non-QMs Spikes

September 26, 2025
Brandon Ivey
Much of the increase in impairments in August was tied to new 30+ day impairments, which increased by 59 basis points.
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Short Takes: Two Month Decline in Rates Ends / Existing-Home Sales Level / Chase Offers Another CRT-Like MBS / Freddie Selling NPLs

September 26, 2025
Brandon Ivey
The average interest rate on a 30-year fixed-rate mortgage increased by four basis points from last week to 6.30%.
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FHA Sets Dec. 30 Deadline for Some Loss-Mit Policies, Makes Adjustments

September 25, 2025
Emmeline Willey
Servicers can comply with the new policies as of Oct. 1, but the mandatory compliance date was extended to Dec. 30.
Read More
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