There’s some bipartisan support in Congress to establish a tax credit for home renovations in an effort to improve the supply of homes for sale.

Industry insiders push the National Directory of New Hires as an alternative to a current process involving the IRS as a way to verify income and employment while expanding the digitization of the mortgage process.

Bill to limit trigger leads passes in House; Fannie economists see higher interest rates; home prices decline in April; HUD on the move; FHFA directs GSEs to propose using cryptocurrency in calculations for mortgage applicant’s reserves.

The Mortgage Bankers Association has suggested the FHFA end its tri-merge process, replacing it with a single credit report rather than the bi-merge model as currently planned.

Wells Fargo has the freedom to increase activity in various financial products now that the bank is out from under an asset cap. And officials at the bank have plenty of plans for growth, but not with mortgages.

Home lending is picking up, but not dramatically. And that means mortgage bankers are being cautious about hiring.

The court’s decision may give the CFPB “some pause” as to how it approaches other reversals, according to industry attorneys.

The Trump administration and Republicans in Congress are aiming to restrict access to relief from the Federal Emergency Management Agency – or get rid of it entirely.

The community development financial institution won a lawsuit against its former chief of staff, Adam Levine, over a multi-million-dollar extortion scheme.

Bayview to acquire Guild; Senate approves trigger leads bill; REIT to acquire non-QM lender, Fairway to acquire retail lender; trade groups seek exemption for real estate from potential new tax.