The attorneys general said the guidance threatens to cut complaint referrals and funding to state and local fair housing agencies that provide protections that go beyond the federal Fair Housing Act.

The platform will translate mortgage guidelines and operational policies into configurable, testable and auditable rules.

Flagstar offering warehouse loans through partnership; senator investigating FICO; Waters wants conference committee for housing bill.

A new executive order directs federal agencies to consider changing several major mortgage regulations in part to increase mortgage lending by smaller banks. Consumer advocates raised alarms.

The proposals would reduce capital requirements of banks in terms of mortgages held in portfolio and for mortgage servicing. Federal banking regulators said the goal is to help banks better compete with nonbanks.

Senate last week passed a revised version of legislation aimed at easing housing affordability. House leaders aren’t fully happy with the bill.

Rocket is now the largest subservicer in the industry. Pennymac is poised to acquire Cenlar, the second-largest subservicer. (Includes data table.)

Shrinking margins in the retail space are pushing loan officers to chart their own path in the wholesale channel.

The executive order directs federal agencies to revise and, in some cases, eliminate clean energy homebuilding requirements.

Radian Group is in the process of closing its non-agency conduit rather than selling the unit.