Mortgage lenders pressing to get compliant with the new data collection and reporting require-ments under the Home Mortgage Disclosure Act got a bit of a reprieve, as the Consumer Financial Pro-tection Bureau and the other prudential regulators announced they would take “good-faith efforts” ap-proach to enforcement.

FHA saw many of the policies under the previous administration shelved during the first year of the Trump administration, including a proposal for a 25 basis point reduction in the annual mortgage in-surance premium, while waiting for a new commissioner to head the program.

Like scores of other Trump appointees, a final vote on Montgomery’s nomination as assistant secretary for Housing was not acted upon by yearend…

Aggressive FCA enforcement and steep settlement amounts have caused some banks to exit from the FHA market.

PHH Mortgage is in the process of transforming into a subservicing specialist.

At Sept. 30, 2017, PHH had a total servicing portfolio (including subservicing contracts) of $162.7 billion...

Meanwhile, the U.S. Chamber of Commerce asked the court for permission to file an amicus brief supporting the DOJ…

Richard Pickup, a real estate investor by trade, owns more than 10 percent of Impac…

“If the state requires it, then the GSEs would require it, and could use their remedies in connection with any failure to do so,” said one attorney…

What could go wrong? For starts, FHA might not be able to pay claims…