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.

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

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…

Budget cuts coming to HUD?

Ken Logan, managing director of warehouse finance for Wells Fargo Bank, noted that nonbanks need to know “not having cash matters.”

Some 78 percent of the loans are GSE-eligible mortgages for investment properties…