The en banc panel of the U.S. Court of Appeals for the District of Columbia Circuit ruled Wednesday in favor of PHH Mortgage in its long-running legal dispute with the Consumer Financial Protection Bureau over issues tied to the Real Estate Settlement Procedures Act.

The FHFA would be tasked with maximizing profits on any asset sales by Fannie and Freddie, according to the Corker bill…

However, at the markup, the bill was amended to limit the types of mortgages that will receive QM status.

Due to the string of natural disasters, FHA anticipates an increase in EPDs…

The ruling is a huge win for the mortgage industry, said former CFPB attorney Benjamin Olson, now a partner at the Buckley Sandler law firm…

DOJ notes that “over the last several years” there has been a record increase in qui tam (whistleblower) actions filed under the False Claims Act...

“Jerry Buckley would fit the bill perfectly,” said one industry lobbyist...

Mnuchin said the 30-year FRM cannot survive without Fannie and Freddie...

Treasury would be barred from selling or disposing of “any senior preferred shares, any interest in the warrants, any common shares acquired upon the exercise of the warrants, or any other equity interest that were acquired pursuant to the Senior Preferred Stock Purchase Agreement.”

Ginnie may require offenders to recalibrate their high-risk portfolio to more acceptable risk levels…