Industry and consumer groups want the VA’s upcoming Veterans Assistance Servicing Purchase loss-mitigation program to target borrower payment reduction, not a single interest rate target.

Housing counseling providers are backing a proposal from HUD to permanently allow for services to be provided virtually rather than in-person.

VA issued a reminder on loan assumption requirements; Fannie to update Desktop Underwriter with FHA/VA loan limits on Jan. 20.

What’s the latest with Ginnie’s management of $19.5 billion in HECMs under its control thanks to the failure of RMF? Hard to say. But it appears that Carrington is handling the servicing chores, possibly, through a subservicer.

Industry veteran Chris Bennett explains why the five-year Treasury is the proper benchmark for current coupon MBS.

Falling interest rates and demand for alternative funding options should boost commercial MBS issuance, according to Morningstar DBRS.

The Federal Reserve’s plan to reduce the size of its balance sheet by $100 billion a month may have been too ambitious. Last year, actual run-off was closer to $75 billion a month.

Seven Republicans in the Senate wrote to federal banking regulators, amplifying concerns already raised by mortgage industry participants about proposed revisions to capital requirements for large banks.

It’s a new year and MSR sales are already beginning to heat up. But who will the most active buyers be in 2024? Count on Mr. Cooper, JPMorgan and private-equity-backed investors.

The Supreme Court will hear a case on whether national banks are required to follow state requirements to pay interest on funds in mortgage escrow accounts. A ruling in favor of national banks could lead to an unlevel playing field, according to state regulators.