Wall Street Journal, June 24, 2025-Veronica DagherHomeowners who bought around the peak of the market are increasingly finding they owe more on their mortgages than their properties are worth.Click here for …
Category: Top National News
Servicing Solutions Conference and Expo–Feb. 16-19, 2026
Click here for more information MBA’s Servicing Solutions Conference & Expo is THE event for mortgage servicing professionals. It’s an annual tradition for hundreds of servicers of all backgrounds to …
MBA Urges Shift to Single Credit Report Model, Citing Cost Savings and Efficiency
National Mortgage Professional, June 16, 2025The Mortgage Bankers Association is renewing its push to replace the outdated tri-merge credit report requirement for GSE and government loans with a more streamlined …
CFPB Servicing Rule Change Raises Alarm for Bankers
National Mortgage News, June 17, 2025-Spencer LeeThe American Bankers Association voiced its concerns over a proposed Consumer Financial Protection Bureau final rule to eliminate a pandemic-era policy affecting loss-mitigation procedures …
U.S. Basel III Delay to 2026 Seen as Almost Inevitable
Risk.net, June 18, 2025-Janice KirkelFormer regulators doubt the three U.S. prudential agencies will be able to release fresh proposals implementing internationally agreed bank capital reforms this year.Click here for more (subscription …
Banking Giants See Surge in Loan Modifications
National Mortgage News, June 23, 2025-Spencer LeeMortgage modifications surged in the first quarter at the nation’s largest banks, reversing a yearlong decline, while foreclosure activity also saw a marked uptick, …
Investor Home Sales Hit Record High as Small Buyers Gain Ground
HousingWire, June 11, 2025-Jonathan DelozierInvestor home sales reached a record high in 2024, with 10.8% of all homes sold belonging to real estate investors — the highest share recorded since …
Interest-Only HELOC Introduced by Reverse Mortgage Lender
Home Equity Lending News, June 11, 2025As many traditional home lenders avoid home-equity lending, an interest-only home-equity line of credit has been launched by a provider of reverse mortgages. The …
What Fraud Risks Do HELOCs Pose?
National Mortgage News, June 9, 2025-Spencer LeeForged checks, false occupancy claims and scams on senior citizens are among the schemes lenders should be aware of as growing interest in home …
Jobs Numbers Dash Hopes for Rate Cut, Mortgage Hiring Rises
National Mortgage News, June 6, 2025-Bonnie SinnockMay’s slightly stronger than anticipated employment data dampened lenders’ hopes for further downward pressure on rates in the immediate future, as they added incrementally …