Credit standards for jumbo mortgages loosened in March. The changes came as home prices continue to increase.

The revisions to USDA’s technical handbook will take effect next month.

Adrianne Todman, the new acting secretary of the Department of Housing and Urban Development, called for more action to solve the affordable housing crisis.

CHLA endorses House Resolution 612 to protect veterans benefits; VA finalizes rule updating loss-mitigation terminology; VA adopts a no cash, no check policy; Ginnie adds low- to moderate-income data disclosures related to its home equity conversion mortgage MBS program; HUD to hold vacant home sale related to its HECM program.

Ginnie cautioned issuers that it monitors their portfolios to ensure they are meeting acceptable risk parameters, including those related to prepayment activity.

Better keeps losing a ton of money but continues selling millions of dollars in loans to Fannie Mae. The secret is in cash left in the cupboard.

Newly-released minutes from the Fed’s meeting in March indicate that the Fed is ready to slow the pace of Treasury runoff while maintaining the already slow pace of MBS runoff.

A district court judge threw out parts of a lawsuit against Ginnie Mae for canceling Texas Capital Bank’s first-priority lien on a loan portfolio of Reverse Mortgage Funding but allowed a key challenge to go ahead.

A foreclosure action against a borrower for alleged mortgage fraud landed a Florida-based lender in court for punitive damages.

Declining mortgage refinance rates are causing a slowdown in solar ABS prepayments, increasing risks for investors.