Click n’ Close is offering free rate lock extensions as the government shutdown puts the USDA home loan program on hold.

The Mortgage Bankers Association and the National Reverse Mortgage Lenders Association requested that Google modify its rules to permit advertising FHA home equity conversion mortgages to seniors.

FHA foreclosures are on the rise, accounting for 38% of all active foreclosures in September.

Former VA LGY leader passes away; HUD extends program updates.

Annaly Capital Management and its subsidiary, Onslow Bay Financial, had a strong third quarter, with $2.3 billion in locks of expanded-credit mortgages.

The company has expanded its issuance of non-agency MBS beyond GSE-eligible mortgages for non-owner-occupied properties, adding traditional GSE mortgages to the mix.

Redwood Trust’s core operations were profitable in the third quarter, including record mortgage acquisitions. However, sales of legacy assets prompted a loss at the real estate investment trust.

The mortgage-banking division of Rithm Capital originated $1.0 billion of non-qualified mortgages in the third quarter, up 42.9% from the previous quarter.

Ares Alternative Credit will purchase non-qualified mortgages from LenderMAC, as well as provide strategic capital to the lender.

A federal court vacated its prior decision on a case regarding regulation of home equity investment products, allowing a lower court’s decision to dismiss the case to stand.