The Department of Housing and Urban Development declined to comment on the progress on revised policy drafts that may help reduce lender liability and ease back-end enforcement actions. The FHA is considering procedural changes aimed at easing lender liability to spur more FHA lending to qualified, underserved borrowers. Specifically, FHA is reportedly working to raise the bar on loan certification violations, making it harder to sue lenders for unintentional or technical mistakes. Such a change could spur...

What did the FHA earn last year? The new HUD secretary didn't know.

NewDay's chairman emeritus is former Ginnie Mae president Joe Murin.

Stan Middleman, chairman of CHMI, told IMFnews that having agency approvals will allow the REIT to leverage servicing rights...

According to the MBA, a Big Four accounting firm issued controversial guidance which would have been burdensome for small MBS issuers.

Citadel Servicing Corp., which has made a name for itself as a new-style subprime lender, has rolled out an Alt A mortgage called “Maggi.”

A proposal from FHA could see the light of day within six weeks, some have speculated.

Marina Walsh, vice president of industry analysis for MBA, said, “We don’t have enough information to do a thorough analysis of the proposal.”

Among all lenders, Quicken Loans led the pack with $6.67 billion of production, a 27 percent drop from the prior year.

The MountainView package is top heavy with California product. The identity of the seller was not provided.