National Mortgage News (Servicing) RSS

• US home equity drops $374B as underwater mortgages rise

  After home equity surged in 2023, average gains slowed last year before falling into negative territory over the past 12 months, Cotality said.

• Fitch flags rising leverage across nonbank lenders

  For 2026, the mortgage industry operating environment will improve, while nonbank financial metrics should be within Fitch's rating criteria sensitivities.

• Ginnie Mae aligns liquidation reporting with GSEs

  The new monthly reporting rule lists improved accuracy and timeliness of MBS payments among its goals, with implementation planned for February 2026.

• Mortgages delinquencies may inch up amid affordability pressures

  Overall performance is stable but inflation and unemployment have hurt newer borrowers in some cases, according to Transunion's 2026 consumer credit forecast.

• Ruling reshapes foreclosure challenges in New York

  The decision in a New York case that is also undergoing federal review puts pressure on related parties to get things right within a statute of limitations.

• Zillow deleting home climate risk scores reveals limits of flood, fire data

  In a world assailed by extreme weather, homeowners and purchasers need to know their property's vulnerability to wildfire or flooding. Ratings like those Zillow took down are a big improvement on often outdated federal flood maps and state wildfire maps.

• Milliman buys Morvest in deal that deepens MSR expertise

  The provider of actuarial-related services is bringing a company that provides mortgage servicing rights analytics and risk management into the fold.

• Senate Democrats want FHFA chief Pulte to testify by January

  Federal Housing Finance Agency Director Bill Pulte should be called to testify before lawmakers no later than the end of January, the Democratic members of the Senate Banking Committee wrote in a letter Friday to Republican Chairman Tim Scott.

• Vacancies fuel a rise in commercial loan delinquencies

  Delinquency trends split in Q3, with securitized and agency loans showing more strain while banks and life companies saw small improvements amid uneven vacancy and rent conditions.