The MBA reports mortgage delinquencies tracked closely with the nationwide unemployment rate in Q3, with an uptick in delinquencies across all loan types–with FHA’s portfolio experiencing the largest year-over-year increase.

NAR reports that single-family existing-home sales prices rose in the vast majority of metros nationwide in the third quarter, with the national median home price growing to more than $406K.

Assuming the role of Board Chairman, former Fiserv and Bank of America exec is set to replace Sara Mathew, who will be retiring as the GSE’s Board Chair and Director in February 2024.

Due to financial instability, Sac City, Iowa-based Citizens Bank has been placed in receivership by the FDIC, marking the fifth U.S. bank failure reported this year.

Redfin reports that many home sellers are getting just two or three offers as opposed to the 20 that were common at the pinnacle of the market. Find out what percentage of homes for sale posted a price drop during the past month.

The Bureau has issued a new analysis on state Community Reinvestment Act laws, examining affirmative lending, service delivery, and investment obligations by mortgage companies and deposit-taking institutions. Read the details after the link.

In an effort to assist borrowers impacted by Maui’s August wildfires, mortgage servicers will be prohibited from initiating or completing foreclosure actions through May 6, 2024.

Ranking Member of the Senate Committee on Banking, Housing, and Urban Affairs has drafted the outline for a bill to revitalize the U.S. economy and boost avenues for capital formation. Click through to read highlights of the proposal.

The FHA has proposed changes to the Home Equity Conversion Mortgage Program geared toward improving program stability and to adapt to changing market conditions. Full details after the link.

Rep. Maxine Waters has issued a letter to the Chair of the SEC to move quickly to finalize its proposal to improve the quality of climate-related disclosures in the nation’s capital markets. Click through the read the details.