The U.S. House of Representatives is scheduled to vote Tuesday afternoon on whether to overturn the Consumer Financial Protection Bureau’s controversial arbitration rule.

An internal watchdog audit alleges that the Department of Housing and Urban Development has been auctioning distressed notes to investors with no formal guidance or procedures in place.

More emails and memo have been unsealed in favor of Fannie Mae and Freddie Mac shareholder lawsuits.

The nation’s megabanks reveals a mixed bag when it comes to residential originations.

Fannie's Connecticut Avenue Securities program, launched in 2013, continues to grow.

The USMI said in statement that cutting FHA premiums right now is “neither necessary nor prudent at this time...."

By comparison, ARMs accounted for less than 1.0 percent of total prime non-agency MBS issued in the first quarter.

The lender/servicer suffered another blow this spring when it revealed that some of its previously issued financial statements could not be relied upon because of what it called an “accounting error.”

One reason the VA market grows somewhat faster than the FHA is that it loses fewer loans to default.

In a somewhat uncommon move, Progress increased a planned issuance after presale reports on the deal were already published.