The Mortgage Bankers Association and the National Reverse Mortgage Lenders Association suggested changes for Ginnie’s planned HMBS 2.0 program.

Hundreds of individuals, associations and trade groups submitted comments regarding the CFPB’s request for information on mortgage closing costs.

Mortgage servicers should consider factors specific to borrowers’ circumstances when offering loss-mitigation options to avoid foreclosure, according to a recent Mortgage Bankers Association report.

The Mortgage Bankers Association urged VA to extend the deadline for lenders to provide all full-file loan-level documentation through the agency’s new Loan Review application programming interface.

Under the proposed legislation, FHA would receive $155 million for administrative contract expenses for fiscal year 2025.

The National Association of Home Builders has asked its members to support a bill that would stop FHA and the U.S. Department of Agriculture’s Rural Housing Service from adopting the 2021 International Energy Efficiency Code.

VA releases WebLGY system enhancement for veteran-paid buyer-broker charges; HUD updates debenture interest rates for FHA loans; FHA extends foreclosure moratorium in Maui, HI; Finance of America conducts 1-for-10 reverse stock split; MBA asks HUD for six-month extension for implementing new reconsideration of value policies.

The trade group said now is the wrong time to increase NMLS fees. It also criticized the proposal for the lack of justification for the changes.

The bill is more generous than its companion House legislation.

The evolving technology, while helpful, presents many risks and benefits, according to Bob Broeksmit, CEO and president of the MBA.