As part of a multi-year language access plan, the Federal Housing Finance Agency and the government-sponsored enterprises this week introduced the first phase of a mortgage translation clearinghouse to better serve Spanish-speaking borrowers.

A key Treasury Department official this week affirmed the Trump administration’s broad goals for reform of the housing-finance system.

Ginnie EVP Maren Kasper said the agency is currently working on stress tests for its issuers and could have results by early December…

Both Wells Fargo and Bank of America are rolling out digital mortgage application services this year. Speaking at the annual convention of the Mortgage Bankers Association this week in Washington, the megabanks said they are seeing increased utilization of digital solutions by mortgage clients, which will in turn change the role of loan officers.

An affiliate of Annaly Capital Management is preparing to issue a $384 million mortgage-backed security stocked with non-qualified mortgages and loans for investment properties…

The three major credit reporting bureaus – Experian, Equifax and TransUnion – continued to rank first, second and third, respectively, in the number of complaints filed…

As IMFnews went to press, multiple telephone messages and emails to 360 Mortgage had not been returned.

Some 20.9 percent of the loans in the new loanDepot MBS are eligible for sale to the GSEs, down from 40.7 percent in the previous deal from the nonbank…

Loan production increased at U.S. Bank but mortgage revenue declined…

The Fannie Mae Virginia properties were sold for roughly $130 million…