The Congressional Budget Office last week released its cost estimate on a House bill that seeks to administer housing assistance programs.

The trade group suggested HUD streamline property valuation data for HECMs through a waterfall of appraisal options that could eliminate the need for a second appraisal in some cases.

The USDA’s Rural Housing Service is proposing to allow more borrowers to purchase existing manufactured homes.

HUD extends public benefits program comment period by 30 days; FHA seeks director of single-family program development; CFPB fines a top VA lender.

The proposed capital standards were cited as one of the reasons by S&P for its decision this week to lower ratings of five regional bank.

As interest rate volatility rocks the secondary market, industry leaders are working on building strong relationships with loan officers.

These are trying times in the residential finance market. Mortgage rates are high, bond prices are falling and there’s a concern about a lack of MBS buyers. What to do? Let the Fed know how mad you are.

While securitizations are often the best execution for Ginnie Mae loans, small and mid-sized GSE lenders will typically prefer the cash window.

The New York-based financial firm admitted to providing false pricing information to residential MBS clients between 2009 and 2013. It also agreed to cooperate with investigations into former employees.

For mortgage servicers, costs can spike in the initial months following a disaster as they must make sure they have the customer service staff on hand to talk with impacted borrowers.