FHA chief warns against false advertising.

Quicken is now a top-five ranked residential retail lender, but some of its loan volume comes from correspondent purchases.

It appears the “ability-to-repay” rule is good news for mortgage servicers.

Residential production increased modestly during the fourth quarter of 2012, according to a new Inside Mortgage Finance ranking and analysis.

An Obama administration official stressed that the White House is working to craft a comprehensive plan for housing finance reform but wants input from industry participants.tasked with crafting a plan to reform the government-sponsored enterprises provided a strong response yesterday to criticism of the White House’s lack of progress on GSE reform.

The recent court ruling which called into question the legitimacy of certain recess appointments – including that of CFPB director Richard Cordray – also means the agency may not have any regulatory oversight over nonbanks.

A large and potentially lucrative RFP issued several months ago by FHFA regarding its strategic plan for taking the GSEs to the next stage in their evolution has yet to be awarded.

Underwater homeowners who have remained current on their payments will be able to relinquish their houses and cancel their debt under the terms of a new GSE policy change to take effect in March.

Roosevelt Management Co. was the winning bidder on Arch Bay Capital’s nonperforming loan portfolio, which includes roughly 4,000 distressed loans.

Nationstar Mortgage priced $300 million of asset-backed term notes, saying the deal marks the first ever “agency servicer advance securitization.