Former Ginnie Mae President Alanna McCargo joins FHLB San Francisco; industry and consumer groups support VA supplemental rulemaking on IRRRL program; VA drafting rule on ARMs.

The guidelines lay out the process lenders must develop for borrowers to request an appraisal reassessment when they believe a valuation was inaccurate or biased.

The state’s final CRA standards have some “problematic elements,” which the MBA said it had highlighted during the comment period.

The CFPB’s latest push on mortgage servicing fees could be the start of more to come, according to industry attorneys.

A new California bill that seeks to regulate the use of automated decision tools is facing strong opposition from the Mortgage Bankers Association and other trade groups.

The Department of Housing and Urban Development has finalized rules that would modernize residential building standards.

The final rule on the Federal Flood Risk Management Standard includes new requirements for FHA mortgages.

HUD finalizes rule on interested party contributions for FHA HECM for purchase program; Ginnie announces payment default status dataset; federal jury convicts FHA borrower of fraud; and more news briefs.

Sam Valverde, Ginnie Mae’s principal executive vice president, will serve as acting president, while Laura Kenney, senior advisor for strategic operations, will assume additional duties.

A proposal from Freddie Mac to acquire second liens prompted immediate reactions. The GSE rebuts claims that its plan represents “mission creep” or that it would interfere with the existing securitization market for closed-end seconds.