Borrowers still in pandemic-related relief are likelier to have weaker financial capacity, be minorities and live in majority-minority tracts.

In a refinancing scheme involving some 2,500 units, Seth Levine defrauded lenders and investors out of $60 million.

A year of transition? Tough times require action on the part of mortgage CEOs. Some shops are adding new products and branch networks. Others are pulling the layoff lever.

Altisource Asset Management is shifting its focus from managing assets to acquiring non-QMs and other alternative mortgage products.

The five-point action plan includes initiatives to create a more diverse appraiser workforce and raise awareness about consumer rights.

Senators have raised concerns over the lack of transparency in the FEMA program’s risk-mitigation calculations.

Finance of America recently posted a huge 4Q21 loss and saw its president depart. Challenges remain, to say the least.

Fannie Mae and Freddie Mac purchased fewer mortgages for mission-based multifamily lending in 2021. And this year their housing goals are even higher.

Native American tribes have urged HUD to engage in “robust and meaningful” consultation before undertaking changes to the FHA downpayment assistance program.

Origination profitability has been on a slippery slope the past year, but there are possible signs of stability. Or is that wishful thinking? (Includes data chart.)