Although there appears to be plenty of motivation for reforming Fannie Mae and Freddie Mac in 2018, it remains a herculean legislative effort that will require bipartisan support. Some observers think overhaul of the government-sponsored enterprises this year is closer than it has ever been, while others say political headwinds could make it impossible

Better Mortgage, a “digital” lender, is seeing increased demand for purchase mortgages by helping borrowers compete with cash buyers. The lender focuses on appraisal timelines and provide guarantees for earnest-money deposits if a potential borrower’s sale falls through due to financing issues.

Lenders raised concerns in December after updates to the Internal Revenue Service tax verifica-tion service extended processing times for mortgage originations. Industry groups said the IRS didn’t provide enough advance notice about the changes.

Like scores of other Trump appointees, a final vote on Montgomery’s nomination as assistant secretary for Housing was not acted upon by yearend…

Although a final tally has yet to be issued, volume for the year could total nearly $9.3 billion…

Aggressive FCA enforcement and steep settlement amounts have caused some banks to exit from the FHA market.

At Sept. 30, 2017, PHH had a total servicing portfolio (including subservicing contracts) of $162.7 billion...

PHH Mortgage is in the process of transforming into a subservicing specialist.

The seller will consider separate bids on the conventional and government portions…

Richard Pickup, a real estate investor by trade, owns more than 10 percent of Impac…