The nation's top-three ARM lenders: Bank of America, Chase and Wells Fargo...

The facility was negotiated a few days ago through AOMI subsidiary Peachtree Mortgage....

FHA’s Title II program provides limits on the maximum loan amount but doesn’t set a floor...

The NY AG makes numerous allegations regarding property valuations, including on a loan that went into a commercial MBS.

FHA/VA originations decreased in the second quarter though lending was up in the broker channel. PennyMac, the top government loan originator, saw declines across all three production channels. (Includes data chart.)

New FHA loan applications and endorsements have been declining steadily since hitting peaks in late 2020, and cash-out refinances make up a growing share of the market.

Speaking at a Housing Finance Strategies event this week, FHA Commissioner Julia Gordon said she wants to improve the way the agency interacts with lenders and servicers.

The bill amends a law passed two years ago that allowed more National Guard members and reservists to access the VA home loan program.

Verified on-time monthly payments of $300 or more in the previous 12 months will be considered as positive rental payment history.

The guidance is aimed at helping issuers understand how the new risk-based capital ratio requirements apply to mortgage servicing rights, among other issues.