Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral

After lawsuit challenging the government’s authority to extinguish stakes in securitized Federal Housing Administration (FHA)-backed Home Equity Conversion Mortgages (HECMs) was recently decided in favor of Ginnie Mae, the plaintiff in the case has made good on its promise to appeal the decision.Tex
Read MoreServiceLink expands closing technology

Mortgage solutions provider ServiceLink has introduced updates to its EXOS Close platform aimed at increasing scheduling flexibility for lenders and borrowers.The latest enhancements allow users to schedule closings in real-time with expanded options for online and in-branch appointments, and add au
Read MoreMortgage delinquencies rise slightly in Q1

The delinquency rate for U.S. residential mortgages rose slightly in the first quarter of 2025. This was partially driven by an uptick in conventional loan delinquencies and rising foreclosure inventory, particularly among loans backed by the U.S. Department of Veterans Affairs (VA).The Mortgage Ban
Read MoreHUD announces $1.1B in funding for affordable housing in Tribal lands

In one of the most robust housing assistance funding announcements of the second Trump administration so far, the U.S. Department of Housing and Urban Development (HUD) announced on Tuesday that it is making $1.1 billion in Indian Housing Block Grant (IHBG) funding available for eligible Native Amer
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