Low-downpayment mortgages remain at the core of financing for first-time homebuyers, who continue to move away from FHA and VA programs to-ward conventional home loans.

After a court case didn’t go the agency’s way, HUD has promised to follow proper procedures on downpayment assistance rulemaking.

The buyer of homes for resale recently made a foray into the mortgage business. The firm is promising to close loans faster than the industry.

Thanks to lower rates, residential loan production is booming but some lenders are experiencing capacity issues because they didn’t staff up quickly enough. Hard to find a good loan processor? You bet.

The fintech company boosted its mortgage originations significantly in the second quarter. The online lender also recently raised $160 million in capital and formed a partnership to handle originations for Ally Financial.

An appeals court ruled in favor of Ocwen, finding that statements made by company officials were mere puffery that investors should not have relied on.

HUD has rescinded a controversial rule on downpayment assistance. The withdrawal follows allegations HUD violated an injunction order.

HUD has made it easier for condo projects to qualify for FHA financing. But an analyst warned the move may not produce the desired results.

Ginnie Mae said it will require MBS servicers with at least $25.0 billion worth of contracts to obtain an external primary servicer rating.

Mortgage M&A activity is on the light side these days. The reason: Home lenders are too busy originating new loans and reaping the profits. Unless rates spike, the situation is unlikely to change.