With higher costs and restrictions, it may take a 203(k) loan 45 to 90 days to close…

The eventual goal of the project is to have the GSEs issue fully interchangeable securities.

A new fund has been created to encourage investments in the dwindling supply of single-family and multifamily affordable-housing options. Ten banks have contributed to the $25 million Community Development Fund since it opened in February. The fund will invest primarily in securities issued or guaranteed by the U.S. government or its agencies, and other investment grade fixed-income securities. In normal circumstances, the fund plans to invest at least 90 percent of its net assets in debt securities and other debt instruments that the fund’s advisor deems would qualify under the Community Reinvestment Act. Ken Thomas, president of Community Development Fund Advisors in Miami, set up...

According to the FHFA, both GSEs already have extensive internal procedures for vetting any business change that could affect prepay speeds…

Recently, rumors were making the rounds in Washington that Fannie and Freddie might be pondering an increase in their net worth minimums for seller/servicers...

Nonbank mortgage lenders saw a 33.0 percent increase in GSE deliveries during the second quarter…

Researcher Tom Popik noted that real estate agents rarely mention lenders as a “favorite” source of leads…

In general, this is not a pretty time for mortgage-related stocks, even though interest rates are at an all-time low.

On occasion, HUD staff denied or sat on IG requests for information…

TRID errors have been costly with some lenders forced to sell perfectly good mortgages at a loss in the secondary market…