It’s been a while since there were any substantive updates to the lawsuit playing out between Texas Capital Bank (TCB), the U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae over a dispute involving Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS).A judge has appro

The use of artificial intelligence (AI) is becoming the new norm for many real estate agents and brokerages. Real estate technology provider Delta Media released a new report that highlights a sharp jump in AI usage from last year.Delta’s annual real estate leadership survey explores insights from b

A securitization of private reverse mortgages originated by Reverse Mortgage Funding (RMF) will require additional review due to the lender’s 2022 bankruptcy, according to a statement on the securitization issued by credit rating agency KBRA.“RMF Proprietary Issuance Trust 2019-1 (RPIT 2019-1),” whi

Sen. Tim Scott (R-S.C.), the chairman of the Senate Committee on Banking, Housing and Urban Affairs, recently told a group of reporters that news about changes at the Consumer Financial Protection Bureau (CFPB) under the Trump administration could be imminent.The news was first reported by American