FHFA recently changed the upfront fees charged by Fannie and Freddie, in part to help meet the highly conservative capital requirements imposed on them by former Director Mark Calabria. Now, critics of the fees have joined critics of the conservatorship.

As the Biden administration focuses on ending discrimination in appraisals, trade groups and industry advocates call for standards on reconsiderations of value.

Fannie has updated its selling guide to provide modest flexibilities on manufactured home loans, adjustable-rate mortgages and cash-out refinances.

New MBS disclosures from Fannie and Freddie reflect changes in property valuation methods.

Implementation of the new AMI limits took place this week in Loan Product Advisor and will take place next week in Desktop Underwriter.

Former Voya Financial Chief Risk Officer Chetlur Ragavan will sit on the board’s risk management committee.

HeritageOne will provide financing for single-family homes located on federally designated tribal lands. Only primary residences are eligible.

Originations were down in the first quarter, but gain-on-sale margins improved. Having a hand in the servicing business helped some firms turn a profit.

Banks with higher IT expenditures are significantly less likely to reject the applications of borrowers that are observably riskier, according to new research.

Technology vendors tout the potential of automation in the non-QM space while warning that AI still has a way to go.