In two weeks the White House will meet with some of the largest residential funders in the U.S. But will President Obama show?

Ginnie Mae production fell 5 percent in the first quarter, marking a slowdown in FHA/VA lending, but the decline could be temporary.

A collapse in the refi market may not happen until much later in the year, according to a new report.

According to the government, Golden First Mortgage Corp. of Great Neck, NY, failed to carry out its duties and responsibilities as a direct endorsement lender, leaving FHA with large losses.

Will FHA need a government bailout? Better read the new Obama budget document.

CFPB’s crosshairs, the bureau revealed week as it announced enforcement actions against four private mortgage insurers over the industry’s use of captive reinsurance arrangements, and fining the companies relatively small amounts. These units have been in runoff mode for several years, as captive re withered after the market collapse. “[I]n every kickback situation, there is somebody paying and somebody receiving. It takes two to tango,” said CFPB Director of Enforcement Kent Marcus. “Today, we’re dealing with those paying...

The Conference of State Bank Supervisors is calling upon the Consumer Financial Protection Bureau to adopt a petition process to define “rural” counties as the bureau prepares to implement balloon “qualified mortgage” and escrow requirements for rural creditors. The Dodd-Frank Wall Street Reform and Consumer Protection Act confers QM benefits on certain balloon loans if they are made in rural or underserved areas. In implementing the standard, the CFPB decided to use the USDA Economic Research Service’s Urban Influence Codes as...

The creation of a “sustainable housing finance policy” and an end to the “too big to fail” oversight approach with large banks top April’s to-do list for the House Financial Services Committee when Congress returns from its two-week spring recess next week.

Funding for the housing programs administered by the Department of Agriculture’s Rural Housing Service will not be subject to sequestration even though mandatory budget cuts are now being implemented across the board at all federal agencies.

In a mortgage market thoroughly dominated by agency-eligible home loans, a handful of boutique products such as no-downpayment loans, “energy-efficient” mortgages and peer-to-peer mortgages are trying to gain a foothold. Navy Federal Credit Union has been offering a no-downpayment mortgage since 2010, and officials said demand for the “HomeBuyers Choice” product has grown this year. The credit union holds originations of the no-downpayment loan in portfolio. The product is available for balances ...