The government could default on its debt obligations as early as June 1, the Treasury Department warned. The development could have major ramifications for mortgage lenders and the broader economy.

The Community Home Lenders of America wrote to the leaders of House and Senate housing appropriations committees.

The industry largely asked FHA to align the policies of the Section 203(k) rehabilitation loan program with those of the government-sponsored enterprises.

FHLBank treatment of collateral may be inhibiting development of affordable housing, industry stakeholders told FHFA in comments.

Nonbanks and REITs make a bid for FHLBank membership. Community banks and credit unions say that would be a mistake. Is there a middle ground?

The move by Thompson gives seller-servicers more time to prepare...

The CFPB has permanently banned RMK Financial/Majestic Home Loans from the mortgage lending business for repeatedly disseminating misleading marketing material.

FHA is cutting annual mortgage insurance premiums, effective March 20. Lenders are seeking operational clarity on loans already in the origination pipeline.

The change affects new loans endorsed on or after March 20. The last MIP cut occurred in early 2015, when FHA trimmed premiums by 50 bps for 30-year fixed-rate mortgages.

Uncertainty caused by regulations and the complexity of calculating income and debt make DTI a poor metric to use in pricing a loan without the risk of lenders having to eat a new fee.