Critics argue that the goals, as currently structured, don’t offer much assistance to low- and moderate-income borrowers or mortgagors of color.

At a Senate committee hearing this week, consumer advocates called for stronger enforcement, industry representatives picked on the CFPB and Republicans and Democrats pushed different priorities.

Plush with record earnings, loanDepot is building an inhouse servicing system, which means its current vendor, eventually, will lose business. Meanwhile, is GSE reform a possibility once again?

The proposed rule would require the GSEs to write living wills that include no government support. However, their PSPA with Treasury includes letters of credit with an outstanding balance of $254 billion.

The $1.9 trillion COVID-19 relief bill on its way to President Biden’s desk includes only one provision specific to the residential mortgage industry.

Several trade groups are urging the FHA to adopt identical compliance aid language used in other federal agency regulations when allowing private flood coverage as an option for single-family insured loans.

The bill includes more than $10 billion in homeowner assistance funding. The vast majority of that would go toward helping borrowers pay their mortgages, property taxes, home insurance and utilities.

With Democrats in control of Congress, Sens. Jack Reed, Sherrod Brown and Patrick Leahy have reintroduced a 2020 bill with an eye toward including some of its language in the American Rescue Plan.

HUD issued a final rule on the much-debated disparate-impact theory in September. A month later, a federal court ordered a preliminary injunction blocking its implementation.

The fund could be modeled after the Hardest Hit Fund, providing funds to state housing finance agencies to help borrowers bring their mortgages current.