The VA county loan limits do not apply to Interest Rate Reduction Refinancing Loans...

The group’s combined production-related income fell a lot more than their actual origination volume, which was down 5.8 percent from the second quarter...

The new approach is expected to be a more cost-effective route than going through the repeated repurchase requests that have plagued lenders over the years.

The bank's expansion into government lending comes after a noticeable decline in its share price...

No purchase price was disclosed. The deal was first hinted at Friday on IMFnews.

The higher loan limits take effect Jan. 1. Sullivan said consumers are likely contacting the resource center to get in last-minute questions.

We’re hearing more chatter of mortgage lenders starting a loan officer “scorecard” approach to grading their salesmen and women...

A number of financial indicators and documents suggest that Fannie Mae was not in the dire straits reported to justify its takeover, according to a new white paper. Adam Spittler, GSE activist investor, along with Mike Ciklin, owner of a small law firm specializing in MBS, and G. Stevenson Smith, an accounting professor specializing in fraud, published a white paper saying they reviewed financial statements to better understand the viability of the GSE from 2007 to 2014.

Fannie Mae recently said that in 2016 it would announce details about its plans to let lenders pay a risk fee as an alternative to repurchase for some of the defective loans it receives. While both GSEs have already put some remedies for defects in place, this alternative lets the lender pay a fee for some loans labeled defective, instead of being asked to repurchase the loan. …

The Ginnie Mae share of total mortgage debt outstanding hit a record 15.2 percent at September 30, according to exclusive survey figures from Inside Mortgage Finance...