The Department of Veterans Affairs has called on servicers to pause foreclosures on VA home loans through May 31, 2024.

Hometown Lenders is in default on its warehouse lines, a new lawsuit alleges. Not only is the lender in trouble but so is its CEO/owner, who gave his personal guarantees on the loans.

Rep. Maxine Waters, CA, ranking member of the House Financial Services Committee, wants more federal funding for FEMA flood maps and for the NFIP.

Banks need to use stochastic events to better prepare for the long-term impact of climate change, according to a CoreLogic analyst.

With a healthy reading on FHA’s Mutual Mortgage Insurance Fund, lender trade groups want further changes to FHA’s mortgage insurance premium policy. (Includes data table.)

FHA has added to its drafting table a revised proposed mortgagee letter on the planned Payment Supplement Partial Claim loss-mitigation program.

Four Democrat Senators have asked VA secretary to pause VA foreclosures until after the agency launches its Veterans Assistance Servicing Purchase loss-mitigation program.

FHA Commissioner Julia Gordon said 2024 is all about execution.

loanDepot has been building an in-house team of veterans who can provide loan officers with information related to the VA program.

Finance of America took another loss in the third quarter as the firm works to integrate American Advisors Group.