Over the past 18 months or so, the DOJ has expanded FCA use to reverse mortgages and loan servicing, according to attorneys Phil Schulman and Kristie Kully…

Rep. Luetkemeyer stresses that housing finance reform is a “very difficult” issue…

New applications from issuer-wannabees is at the lowest point in nearly eight years, the agency estimates.

Glen Messina is no longer CEO of PHH, but he will be hanging around nonetheless…

A group of servicers and other industry participants is focusing on issues with government-insured mortgages and has plans to simplify servicing practices. The Mortgage Servicing Collaborative was organized by the Urban Institute’s Housing Finance Policy Center. It includes representatives from a number of major servicers along with some officials from trade groups, consumer groups, investors, mortgage insurers, vendors and academics. The goal is...

Maybe GSE 'recap and release' is DOA?

Committee Chairman Mike Crapo, R-ID, listed maintaining the TBA market and the 30-year fixed-rate mortgage among his important principles for reform…

“This is a big step for them [Movement],” said consultant David Lykken, president of Transformational Mortgage Solutions.

Under NAR's plan, a portion of GSE profits would be deposited into a liquidity fund controlled by the FHFA.

The Bureau says it understands the industry’s concerns…