California Wildfire Damage Estimates Rise to Over $250 Billion January 13, 2025 James Dohnert KBRA said 24 of its rated RMBS transactions have more than 5% exposure to properties located in the counties affected by the LA fires.Read More
Short Takes: Turner’s Confirmation Hearing / FHA Revises Partial Claim Payoff Proposal / Real Estate Investors Eye Tariffs, Immigration / STACR Issuance From Freddie January 10, 2025 Brandon Ivey The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.Read More
State Regulators Fine Bayview for Cybersecurity Issues January 9, 2025 Shannon Clark The company allegedly failed to fully cooperate with state regulators following a data breach.Read More
Short Takes: CFPB’s Medical Debt Rule Faces Lawsuit / Thompson Stepping Down From FHFA / Phillips Joins Freddie / Better Loses Origination Partner / Mortgage Affordability January 9, 2025 Brandon Ivey The CFPB's medical debt rule is facing a lawsuit and Republican leaders in Congress want to overturn the rule.Read More
FHA Establishes Servicing Oversight Policy January 8, 2025 Monica Hogan The agency had never published its method of identifying servicing defects before.Read More
FHFA’s Planned FHLBank Reforms Left to Trump Admin January 8, 2025 Dennis Hollier Proposals regarding core mission activities and FHLBank membership won't be finished prior to the start of the Trump administration.Read More
CFPB Issues Final Rule to Remove Medical Debt From Credit Reports January 7, 2025 Shannon Clark Medical debt will soon be wiped away from consumer reports under a new rule.Read More
State Regulators Expected to Fill Void Under Trump January 7, 2025 Shannon Clark “We can continue to expect [states] to be as active and maybe even more so this time around,” said Kathryn Ryan, a partner at Orrick.Read More
Short Takes: Rocket Fueling Redwood’s MBS / Wells Fargo’s Asset Cap / Chase’s Servicing Unit / Homeowners Plan to Stay Put January 7, 2025 Brandon Ivey Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.Read More
Short Takes: Annaly off to Quick Start With MBS in 2025 / Outsourcing in Zambia / Residential PACE Originations Constrained January 2, 2025 Brandon Ivey Annaly Capital Management is preparing to issue the first non-agency MBS of 2025.Read More
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