Underwater homeowners who have remained current on their payments will be able to relinquish their houses and cancel their debt under the terms of a new GSE policy change to take effect in March.

The recent court ruling which called into question the legitimacy of certain recess appointments – including that of CFPB director Richard Cordray – also means the agency may not have any regulatory oversight over nonbanks.

It appears the “ability-to-repay” rule is good news for mortgage servicers.

Residential production increased modestly during the fourth quarter of 2012, according to a new Inside Mortgage Finance ranking and analysis.

An Obama administration official stressed that the White House is working to craft a comprehensive plan for housing finance reform but wants input from industry participants.tasked with crafting a plan to reform the government-sponsored enterprises provided a strong response yesterday to criticism of the White House’s lack of progress on GSE reform.

Fannie Mae appears to be getter faster in approving seller/servicer approvals.

FHA chief warns against false advertising.

Quicken is now a top-five ranked residential retail lender, but some of its loan volume comes from correspondent purchases.

With Ally Financial selling ResCap and auctioning off what's left of the bank's servicing business, top executives are departing the company.

Although Fannie Mae has set purchase limits on how much production newly approved seller/servicers can sell to the GSE, Freddie Mac has shied away from such caps.