The new bill would reduce or eliminate processing delays, thereby encouraging more lenders to participate in trust land mortgage lending, according to the Mortgage Bankers Association.

There’s growing concern that time is growing short to reach a bipartisan, bicameral consensus on HUD spending.

FHA and the government-sponsored enterprises could do more to expand consumer access to mortgage credit if they collaborate, according to the Urban Institute’s Housing Finance Policy Center.

Redwood Trust believes banks will need to turn to new liquidity partners as regulatory pressure mounts.

Investing mortgagees, companies that can buy FHA loans but can’t originate them, would face somewhat tougher standards under the proposed changes.

The proposed rule would expand the methods of communication servicers can use to reach borrowers in default in order to comply with HUD’s face-to-face meeting requirements.

While home prices are providing a lift for jumbo originations, many banks have a risk aversion to the products in the current rate environment.

CrossCountry Mortgage teamed with Hildene Capital Management on originations of expanded-credit mortgages and MBS issuance.

Sterling Bank and Trust leadership said they were optimistic that they will be able to move forward after paying $27.2 million in restitution to shareholders tied to fraud on a shuttered non-QM program.

Entrepreneur Christian Faes has launched F2 Financing, a fix-and-flip lender looking to compete in the evolving sector.