H.R. 8647 would establish a partial claim program, which would bring the VA program on par with FHA, Fannie Mae and Freddie Mac.

Comments are due Aug. 20 on a VA proposal to revise rules that apply to adjustable-rate mortgages.

A class-action request against Navy Federal was denied. The plaintiffs in the racial discrimination suit must file an amended complaint.

Hometown Lenders was ordered to cease and desist from accepting new FHA lending business related to residents or properties located in Washington State for violations of the state’s Consumer Loan Act.

FHA seeks comments on proposed updates to its defect taxonomy; FHA implements final rule which distinguishes between governmental institutions and government-sponsored enterprises.

Analysts are not “raising alarm bells” yet despite increasing delinquency rates in the non-QM mortgage-backed securities sector.

Officials at Ginnie Mae noted that prepayment rates on Ginnie MBS increased at a faster rate than prepayment rates for GSE MBS due to a quirk in interest rates on VA refinances.

The battle between lenders and the GSEs over loan buybacks continues. But why force a repurchase if the loan is performing?

In Georgia, investors who hold mortgages set for quick securitization will be exempted from the licensing requirements if they hold the loans for 14 or fewer days.

Lenders are compensating for climate change by requiring higher downpayments for properties in areas of higher flood risk and increasing subordination levels in securities with a higher concentration of mortgages in flood zones.