The Department of Veterans Affairs is seeking comment on a proposal to ease restrictions on the allowable fees and charges military veterans may pay to obtain a VA home loan – a change that could make VA-backed financing more competitive in home purchases. The VA Loan Guaranty Service wants to hear from stakeholders as to how the agency can protect veterans from incurring excessive closing costs without being overly restrictive. Specifically, the VA is considering ways to revise the list of acceptable fees and charges that are impeding VA borrowers’ ability to compete against bidders using other home-purchase financing options that are not restricted by law or regulation. The VA rule on fees and charges has...

It’s still early in the reporting season, but when it comes to home lending, nonbank executives seem more optimistic than their depository peers…

Roughly $12.50 billion of agency mortgages securitized during the first quarter with some form of primary MI were tied to Golden State properties.

Ocwen’s counsel includes Goodwin Procter LLP, which also is representing PHH Corp. in its legal battle against the agency…

Arch reported primary mortgage insurance in force of $237.8 billion at March 31…

The DOJ, as anticipated, switched sides in this dispute after President Trump took office.

Is the White House pondering HUD-related nominations?

The ICBA believes the GSE risk-sharing securities are illiquid and would likely “dry up” in times of market stress.

Flagstar sold $8.0 billion of residential servicing rights during the first quarter compared to $6.7 billion in the fourth quarter.

Nonbank mortgage firms increased their servicing portfolios by 3.0 percent during 1Q17, more than double the 1.3 percent increase in total Fannie/Freddie servicing during that period.