Highbridge Capital Management, New York, this week disclosed a 9.79 percent stake in the troubled Ditech Financial, a once bankrupt servicing giant whose future continues to be an open question.
With the deadline for implementing the revised integrated mortgage disclosure rule only a few days away, compliance experts said the industry is ready despite some remaining uncertainty.
If current trends hold in the official barometer used for adjusting conforming loan limits, look for the baseline limit to go up about 8 percent next year.
The Federal Housing Finance Agency could do a better job at utilizing the information it gets from Fannie Mae and Freddie Mac fraud reports, according to the agency’s Office of Inspector General.
The Department of Housing and Urban Development is planning this fall to seek comment on the use of FHA downpayment assistance from programs run by entities owned by Native American tribes.