U.S. Bank, one of the largest residential lenders and servicers in the nation, has a new president.

Steve Stein, national sales director, has departed Green Tree Servicing, but the company isn't returning telephone calls and emails about the matter.

According to the government, Golden First Mortgage Corp. of Great Neck, NY, failed to carry out its duties and responsibilities as a direct endorsement lender, leaving FHA with large losses.

Will FHA need a government bailout? Better read the new Obama budget document.

Bank of America is once again offering for sale a large package of mortgage servicing rights and at least a half-dozen or so buyers are lining up to bid.

After losing an appeal, the UBS MBS case brought by the Federal Housing Finance Agency is set for trial early next year.

A collapse in the refi market may not happen until much later in the year, according to a new report.

Ginnie Mae production fell 5 percent in the first quarter, marking a slowdown in FHA/VA lending, but the decline could be temporary.

Nationstar Mortgage clarified that the non-agency MBS it plans to issue in the second quarter of 2013 is an asset-backed security with servicing advances from non-agency mortgages. Genworth U.S. Mortgage Insurance, a unit of Genworth Financial, Inc., announced on Friday that it will offer 24 training classes in April to help mortgage lenders and servicers improve their efficiency and build their business. Fannie Mae President and CEO Tim Mayopoulos said this week that it would be a “mistake” for official Washington to allow the prospect of the newly profitable GSEs to continue to slow walk efforts on housing finance reform.

Funding for the housing programs administered by the Department of Agriculture’s Rural Housing Service will not be subject to sequestration even though mandatory budget cuts are now being implemented across the board at all federal agencies.