Looks like Fannie Mae's general counsel is headed to the U.S. Treasury...

HUD secretary Ben Carson could implement changes through mortgagee letters to shrink FHA’s role…

The broker price opinions on the Fannie Mae NPL pools ranged from 81.03 percent to 88.02 percent…

PRMG Mortgage of California is looking to grow its wholesale and correspondent channels and is presently searching for new account executives and support staff…

The eligibility of surviving spouses of deceased veterans is something that surfaces every once a while in discussions about VA lending. According to Maxine Henry, program analyst with the VA Home Loan Guaranty Service in Washington, DC, the term “veteran” includes the surviving spouse of any veteran who died in active military service or from a service-connected disability. However, in July 2012, Congress passed H.R. 1627, Honoring America’s Veterans and Caring for Camp Lejeune Families Act, expanding the category of spouses who would be eligible for VA home loan benefits. President Obama signed the bill into law in August of that year. Prior to the bill’s enactment, only surviving spouses of veterans who died in service or of service-connected causes were considered for a VA mortgage. The statute extended VA home loan benefits to others, including widows who have not remarried and ...

The CHOICE Act has an uncertain future in the Senate, to say the least.

Over the past five years, realty firms and lenders have been careful about joint ventures and other ownership ties…

At the very least, these investors want a legal settlement with the Treasury Department over their “takings” claims. But will Treasury Secretary Steven Mnuchin deal?

Sharp declines in retail originations of jumbo mortgages at a number of major lenders contributed to a decline in the channel’s share of jumbo originations in the first quarter of 2017, according to a new analysis by Inside Nonconforming Markets. The retail channel accounted for 79.3 percent of the $49.49 billion of jumbo originations reported by a diverse group of top lenders in the first quarter, down from an 82.6 percent share in the fourth quarter of 2016. Actual jumbo retail production reported by the group was...[Includes one data table]

American International Group’s jumbo conduit has purchased a significant volume of mortgages in the past year and has plans to issue non-agency mortgage-backed securities. As of April, AIG Investments had purchased prime jumbo mortgages with an original balance of approximately $4.80 billion, according to Fitch Ratings. AIG launched its residential mortgage lending division in 2013 and has ramped up acquisition activity since then. Fitch recently assessed...