The bill seeks to provide VA borrowers a partial claim loss-mitigation option to use after they exit a forbearance.

Servicing sales are off to a strong start in the new year, especially now with Federal Reserve interest rate cuts hardly a sure thing. Another factor is a fresh round of available capital from investors.

NYCB took an unexpected loss in the fourth quarter tied to commercial loans and its multifamily business. The bank was then downgraded by Moody’s.

UWM has sued Atlantic Trust Mortgage for allegedly breaking a contract term that barred it from originating loans with Rocket Mortgage.

The Community Home Lenders of America recently called for a single credit scoring process across conventional and government home loan programs. Spokespersons for FHA, VA this week said the agencies are considering a bi-merge credit scoring process.

The bill offered by Democratic leaders would create a partial claims program similar to FHA’s offering.

The vast majority of FHA loans originated by both banks and nonbanks are securitized. Meanwhile, Banco Popular is retaining some of its FHA production in portfolio.

Real estate agents keep a significant percentage of home listings away from being advertised to FHA borrowers, new research shows.

A recent VA circular detailed how lenders can nominate new VA-approved credit underwriters.

FHA insured about $17.1 billion in new loans under its hospital mortgage insurance program between fiscal years 2000 and 2022, the Government Accountability Office said in a new report.