National Mortgage News (Servicing) RSS

• FHA reverse mortgage properties go up for sale

  The Department of Housing and Urban Development is selling more due-and-payable HECMs on homes that are occupied while reviewing the loan program.

• Large banks extend mortgage relief for LA wildfire victims

  Wells Fargo, JPMorgan Chase, U.S. Bancorp and Citigroup will streamline borrower requests for an additional 90-day forbearance, allowing verbal applications.

• Chris Marshall adds CEO title to chairman role at Sagent

  Marshall is tasked with bringing Sagent's Dara servicing platform implementation up to scale, replacing Geno Paluso, who is vice chairman during the transition.

• Insurance costs 'seriously' influencing many home purchases

  The impact of extreme weather remains top of mind for many, with a majority of homeowners citing it as a factor behind purchase or relocation considerations.

• FHLBank Chicago increases affordable housing program benefit

  The Federal Home Loan Bank of Chicago will be offering more funding and higher per-member limits as part of its 2026 Community Advance program.

• MI, title firms positioned well for 2026's challenges: Fitch

  Fitch Ratings' outlooks for mortgage and title insurers this year are neutral, as housing deals with affordability challenges and a likely economic downturn.

• FHA records stable capital ratios amid softer performance

  The Mortgage Bankers Association is examining the data to see if the high ratio warrants a new push for a premium cut but said rising arrears call for caution.

• New insurance law to change Nevada wildfire coverage in 2026

  The new regulation, which passed overwhelmingly in the state legislature, would allow insurers to remove wildfire protections from standard homeowners policies.

• CFPB void shifts focus to other types of servicing rules

  As CFPB oversight recedes, servicers are turning to FHA, VA and state rules for guidance, with distressed loan compliance, redefaults and local registration risks rising in 2026.