The risk of events like this one repeating is probably more limited today because mortgage companies primarily originate mortgages that are securitized through the far more stable GSE or Ginnie Mae markets. Instead, the main liquidity concern today comes from mortgage servicing.
18 6/7  BIS central bankers' speeches  18 Constâncio, V. (2018), “Completing the Odyssean journey of the European monetary union”, remarks at the ECB  Colloquium on “The Future of Central Banking”, Frankfurt am Main 16–17 May. In fact, the establishment of Banking Union was inspired by the American FDIC.