The Department of Veteran Affairs updated its servicer handbook on Monday with a new loss-mitigation waterfall that incorporates a partial claim program as a last-resort option.

Amy Moses, vice president for strategic growth at the Mortgage Industry Standards Maintenance Organization, said a widespread shift to eNotes will occur when industry participants recognize the economic benefits and when not participating in the eNote space would make them less competitive.

FHA published a request for information seeking ways to ease its minimum property requirements.

The former chief economic adviser to President Trump believes evolving AI capabilities and quantum computing present an enormous threat to many businesses’ cybersecurity measures.

A relatively small portion of mortgages use eNotes despite the insistence of trendsetters that eNotes have boosted their bottom lines.

Soaring oil prices haven’t much dimmed the outlook for aircraft-backed securitizations, which may be less exposed to inflation from the Iran war compared to subprime consumer ABS, according to Goldman Sachs.

The origination share of adjustable-rate mortgages is expected to hold around its current level this year, although a number of variables could cause it to shift.

The re-proposal would improve banks’ return on capital, said John Sim, a managing director at JPMorgan Chase.

Although changes to FHA’s loss-mitigation policies are expected to resolve most of the persistent re-defaults in its portfolio, FHA borrowers continue to be the most exposed to financial stressors.

Ginnie Mae President Joe Gormley addressed how he’s been filling a dual role as temporary FHA head since Commissioner Frank Cassidy went on leave from the position in April.