Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.

The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…

With Michael Bright's departure, GSE "recap and release" just got hurt...

Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.

The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...

Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate.

Roughly 45 percent of respondents said they definitely will enter the the Non-QM market this year.

Although HUD has voiced its opinion on the eligibility of DACA recipients informally, no official, definitive pronouncement has been issued – to the consternation of lenders.

One former Fannie Mae executive familiar with Seterus opined that IBM likely received “pennies” compared to what it invested in Seterus...

No disasters have been reported yet, but some lenders are beginning to worry...