Three New York mayors have filed lawsuits against Ocwen/PHH in an attempt to send a message to servicers to take care of “zombie properties.”

Observers point to forecasts of continued growth in the demographic, especially among young Hispanics aging into household formation and first-time home purchases.

Ginnie Mae no longer expects changes to eligibility requirements to take effect for calendar year 2021 audited financial statements.

While ESG factors have mattered since the 1990s, KBRA analyst Eric Thompson said questions such as whether an asset will be impacted by rising sea levels are gaining more prominence.

FHFA proposes tougher housing goals for the GSEs and SFA will require attendees at the upcoming SFVegas conference to be vaccinated.

Sick of hearing about the ramifications of lower gain-on-sale margins? Okay, but declining GOS likely will play a role in the M&A market.

Industry consultants are cautioning companies to take steps to ensure their fair housing compliance teams are ready to defend an expected uptick in enforcement actions.

The latest $22 million settlement brings to an end a lawsuit accusing Wells Fargo of wrongfully denying loan modifications to borrowers who eventually lost their homes to foreclosure.

In comment letters already submitted, mortgage servicers and credit unions warned that proposed capital requirements could force some entities out of the Ginnie market and drive up the costs of loans.

If confirmed, FHA nominee Julia Gordon’s first task will be to manage borrower exits from COVID-related forbearance programs that start this fall. However, her confirmation is unlikely to happen before September.