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.

Fannie and Freddie find a way to deal with the NAR settlement without changing the rules.

Lenders say any information sharing should respect the confidentiality of nonbanks and their customers.

Industry trade groups in a joint amicus brief argued that credit furnishers don’t need to investigate legal disputes under FCRA.

The VA earlier this week announced its long-awaited Veterans Affairs Servicing Purchase loss-mitigation program and said it will launch May 31.

The Mortgage Bankers Association and Community Home Lenders of America want policy updates from the VA and FHA to respond to market changes that are anticipated following a proposed National Association of Realtors settlement tied to broker commissions.

Credit standards for jumbo mortgages loosened in March. The changes came as home prices continue to increase.

Servicers have until Oct. 1 to implement the program.

The Mortgage Bankers Association and the Community Home Lenders of America are on opposite sides of the debate about allowing the GSEs to waive the requirement for lender’s title insurance.

Mark Jones, chair of the Mortgage Bankers Association, expects home sales to remain suppressed due to limited supply and elevated interest rates.