Proposed legislation to advertise the benefits of VA-backed loans would add costs for lenders without providing substantial benefits to borrowers, said the Mortgage Bankers Association.

FHA waived new language that complicated how partial payments on delinquent mortgages would affect the legal deadline for servicers to proceed with foreclosure.

The House Financial Services Committee voted 50-1 to report out the Housing for the 21st Century Act with amendments.

The Senate confirmed Frank Cassidy and Joe Gormley to lead FHA and Ginnie Mae, respectively.

FHA replaces MCM contractor; VA transitions handbooks to new site; FHA updates Appraiser Roster Management policies.

November issuance of Ginnie Mae single-family mortgage-backed securities increased as lower interest rates continued to drive refinance activity. (Includes two data tables.)

Planet Home Lending activated the Ginnie Mae pools issued for immediate transfer program in the third quarter in response to mounting demand from its correspondent lender partners.

FHA proposed loosening restrictions on auction platforms for claims without conveyance of title sales.

Industry groups recommended that FHA consider reverting the upfront mortgage insurance premiums on home equity conversion mortgages to the previous risk-based model.

FHA proposed tweaking its limited 203(k) rehabilitation loan program to reduce financial burdens on contractors.