The mortgage banking industry has raised concerns about a legislative proposal that would eliminate the current government-sponsored enterprise market and create a new secondary market structure based on a Ginnie Mae model.

The Department of Veterans Affairs’ Loan Guaranty Service issued guidance to help detect, prevent and mitigate identity theft in connection with VA mortgage loans.

Market Condition Addendum to VA Appraisals Dropped; Farm Bill Maintains Local Eligibility for USDA Rural Housing Programs.

Several brokerage firms are working on MSR transactions…

Celink, a servicer of reverse mortgages, has agreed to pay the federal government $4.25 million for violating the False Claims Act...

The rule creates two types of cash-out refinances…

Capital Alpha Partners: “Mnuchin’s job is in danger the same as any cabinet member under Trump...."

FEMA said it is working determine what options exist to enable the National Flood Insurance Program to allow the sale and renewal of flood insurance policies to continue during the government shutdown.

Brian Chappelle, a principal in Potomac Partners told IMFnews that his lending clients “are starting to worry.”

The Department of Veteran Affairs’ interim final rule on cash-out refinancing appears to be a positive move for borrowers and investors, especially for higher coupon MBS but potential loopholes could seriously weaken it, analysts warned.