Moody’s advised consumer ABS issuers to implement backup servicers and strong custodial arrangements to mitigate risks.

The Federal Reserve will soon issue proposals revising capital requirements set under the Basel framework in a way that could increase bank involvement in mortgage originations and servicing.

The Department of Veterans Affairs is developing policy to support the partial claim program authorized by Congress last year, according to the executive director of VA’s Loan Guaranty Service.

Servicers are doubling down on their recapture strategies, but to an extent they might be racing the clock as borrowers lose satisfaction with their servicer over time, industry leaders said this week.

House Republicans said they’re drafting legislation that would end the conservatorships of Fannie Mae and Freddie Mac.

Mortgage industry generally supports the proposal’s efforts to withdraw HUD’s discriminatory effects regulations.

Ginnie Mae said it was working to implement changes to its monitoring frameworks recommended by the Government Accountability Office to curb the risk from the agency’s exposure to nonbanks.

AARP filed a class-action lawsuit against Celink and large home equity conversion mortgage servicers, claiming the parties violated state and federal laws.

HUD seeks energy rule rescission; USDA eyes ADU inclusion; FHA applications rise.

The wholesale lender’s goals include increasing brand awareness, geographic expansion and improving service levels.