Walter also stopped originating reverse mortgages in January.

Bank of America initially acquired the mortgages through the bank’s jumbo whole loan purchase program.

The AGs claimed that the CFPB’s governance structure violates the separation of powers in ways that directly undermine the interests of federalism.

Applications for mortgages related to purchases of new homes in February increased by 16.0 percent from the previous month.

Virtually all the shrinkage in 2016 took place among the four megabanks with over $1 trillion in assets: Wells Fargo, JPMorgan Chase, Bank of America and Citibank.

About one-third of the lenders surveyed by Fannie currently use technology service providers and another third are investigating next-generation technology service providers.

In addition to re-performing mortgages, Mill City Mortgage Loan Trust 2017-1 included some home-equity lines of credit and newly originated mortgages.

Anne Canfield cautioned that if the FCC adopts the changes requested in the petition, lenders would largely be prohibited from calling distressed borrowers.

Fannie Mae is preparing to issue a Connecticut Avenue Securities risk-sharing transaction relating to mortgages with an unpaid principal balance of $39.99 billion.

Fannie Mae and Freddie Mac multifamily lending is booming and hit a record high in 2016, but how long will that streak last? Some say the supply and demand dynamics are changing as developers rushed to build to meet a growing demand that may be leveling off some this year.Fannie ended last year having provided $55.3 billion in financing and support of the multifamily market. In 2016, Freddie financed $56.8 billion in loan purchases and bond guarantees. “Credit performance of the book of business was strong in 2016. The number of multifamily foreclosed properties held for sale remained low at 13 properties as of December 31, 2016,” reported Fannie.