A new Urban Institute paper called on policymakers to build on the Financial Stability Oversight Council’s recommendations to address liquidity vulnerabilities among nonbank Ginnie Mae issuers.

Flexibility will be key for the industry moving into the November election and beyond, according to speakers at an MBA conference.

Senate fails to move tax bill, which included changes to LIHTC; GSEs, FHA extend compliance deadline for ROV requirements; Treasury pushes FHLBanks on affordable housing; Morningstar concerned that market sell-off will become a self-fulfilling prophecy; loanDepot sets money aside for settlement related to a cyberattack.

UBS is seeking at least $200 million from the bank for failing to pay legal fees for two lawsuits dating back to 2010.

The final guidance covers reasons for seeking a reconsideration of value and addresses compliance obligations involving appraisals.

The slowdown is part of a typical trend seen at federal regulators prior to a presidential election.

If Freddie Mac is allowed to purchase second mortgages, critics argue there should be clearly articulated capital requirements, loan-to-value ratio limits and debt-to-income ratio restrictions.

The senator says the FHLBs, which will receive $7.3 billion in federal subsidies this year, paid a whopping $3.4 billion in dividends to members...

The new policy includes the implementation of a waterfall of loan modifications designed to reduce borrowers' monthly mortgage payment by at least 20%.

A coalition of trade groups has told FHFA that they can’t accurately compare new credit scores with old ones unless they have data going back prior to the financial crisis.