According to the new White House budget, it appears that the FHA will need a draw from the U.S. Treasury after all. But will it happen?

Just how hot is the jumbo MBS market? Consider this: Some $3.95 billion in non-agency jumbo MBS was issued in the first quarter, compared with $3.46 billion in issuance in all of last year.

U.S. Bank, one of the largest residential lenders and servicers in the nation, has a new president.

Steve Stein, national sales director, has departed Green Tree Servicing, but the company isn't returning telephone calls and emails about the matter.

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...