Blend: "The focus of the plan is on streamlining the company’s title operations as well as its general and administrative functions."

Earlier this month, FHA issued proposed rule-making for a permanent 40-year loan option and is taking comments through May 31.

On the other hand, United Wholesale Mortgage, the top contributor to prime non-agency MBS in 2021, avoided the market entirely...

In the home equity department, BofA funded $2.04 billion compared to $1.70 billion in the fourth quarter.

One MBA official said currently only 15 states allow for remote work permanently...

FHA estimates access to the LRS will be restored by April 25...

Julia Gordon is on track to be confirmed after the Senate last week voted 51-50, with VP Harris casting the tiebreaker, to enable consideration of her nomination as FHA commissioner on the Senate floor.

Amid growing calls among industry participants for a reduction in FHA mortgage insurance premiums, some experts believe FHA’s wait-and-see approach is the right way to go.

FHA this week temporarily shut down its Loan Review System after users reported intermittent document errors over the past several weeks.

The plan highlights FHA activities aimed at maximizing homeownership for first-time homebuyers, among other actions.