Proposal for higher capital requirements on mortgages at larger banks expected next week; House passes defense spending bill without RON provision; Umpqua Bank selling one-third of its MSRs; MISMO publishes fee- naming guide; PrimeLending offering fast loan approvals; lender offers AI chatbot to potential borrowers.

Industry participants continue to try to influence the Securities and Exchange Commission on a proposed rule addressing conflicts of interest in the securitization market.

DBRS issued a new methodology to assess ABS issuance of loans tied to fine art and collectibles. There’s a growing interest in fine art lending among borrowers, lenders and potentially ABS investors.

Home prices were expected to come down this year due to affordability issues stemming from high interest rates. Instead, home prices look fairly firm thanks to housing supply/demand dynamics.

Federal regulators are expected to propose new capital requirements for big banks; DOJ and FTC propose new guidance on mergers.

Banks will look to pass the expense of higher capital requirements for mortgages onto borrowers, M&T Bank's CFO noted.

MISMO provided some standards for nearly 200 fees that a borrower could see on a Loan Estimate form.

Banks have enough capital, according to Brian Moynihan, chair and CEO of Bank of America.

Officials at Western Alliance Bank stressed that the bank worked to get back to "normal" in the second quarter.

HUD proposed applying certain requirements for approved FHA lenders/servicers to entities that invest in FHA mortgages.