The move will have an impact on current mortgage servicing operations, according to industry attorneys.

Non-QM lender/servicer Acra is in the hunt for a new CEO. Other changes may be in the offing too — as the sale of Acra’s parent, HPS, to BlackRock draws closer.

The federal deficit is putting upward pressure on mortgage rates. Meanwhile, HUD is working to allow new housing to be built on federal land.

Incenter, one of the granddaddies of the servicing brokerage business, has a new owner: tech shop Rocktop of Irving, TX.

VA partial claims bill passes in House; nominee for FHA commissioner expected to have industry experience; Pulte touts big find at Fannie.

In the current interest rate environment, homebuilders seem to favor offering mortgage buydowns rather than reducing prices. Officials at mortgage companies fear the buydown activity is inflating home prices.

The Trump administration last week nominated Jonathan McKernan — who was awaiting Senate confirmation as CFPB director — as undersecretary of domestic finance at the Department of the Treasury.

The House Veterans’ Affairs Committee marked up a bill to establish a partial claims program as the last-resort home retention option for borrowers with VA-backed loans.

The CFPB preserved several mortgage-related policy documents, as it undergoes a review of all previously issued guidance items under new leadership.

Among other changes, Fannie and Freddie increased the cap on interested party contributions from $500 to $2,500.