A pause in the National Flood Insurance Program due to the government shutdown has created opportunities for private flood insurance companies to increase their business.
Among the largest servicers, nonbanks increased their portfolios of owned servicing during the third quarter of 2025 and owned servicing at banks continued to decline. Rocket is poised to overtake Chase as the largest firm in terms of owned mortgage servicing. (Includes three data tables.)
Although the Trump administration says it wants the GSEs to help accelerate development by the big homebuilders, the topic barely registered during recent earnings calls.