The survival of the complaint against Selene Finance could lead to copy-cat class-action proceedings against mortgage servicers.

Activity in the refinance sector lead to a slight push in originations for home loans with primary MI.

The pilot programs involve allowing desktop appraisals and financing for renovations.

The FHA has more than a dozen final or proposed rules lined up for action over the next 12 months. The agenda includes rules to modernize engagement with mortgagees in default and to update requirements for firms that invest in FHA mortgage servicing.

The bill amends a law passed two years ago that allowed more National Guard members and reservists to access the VA home loan program.

Some 50% of active-duty servicemembers surveyed believe they can use a VA home loan only once.

Leslie Rouda Smith of the National Association of Realtors and John Bell of the Department of Veterans Affairs partnered on two training videos to increase awareness of the benefits of the VA home loan program.

Industry participants discussed the challenges to homeownership growth among the U.S. Latino population during the National Association of Hispanic Real Estate Professionals’ annual conference this week.

Ginnie Mae is looking for ways in which smaller and less well-capitalized entities can access its securitization platform.

Industry stakeholders want mortgage lenders, real estate agents and Congress to work with the Department of Veterans Affairs to enhance the VA home loan program.