Congress passed legislation allowing HUD to reform the Home-Equity Conversion Mortgage program.

Fannie Mae inked a risk-sharing deal with National MI.

Bank of America continues to drop servicing and dropped to third in the ranking of servicers as of the second quarter of 2013.

Richmond, CA, is set to become the first city to implement the highly controversial eminent domain plan offered by Mortgage Resolution Partners.

The Senate Committee on Banking, Housing and Urban Affairs approved S.1376, the FHA Solvency Act of 2013, on a vote of 20-to-1.

Credit Suisse issued a non-agency jumbo MBS with loans seasoned an average of three months that had interest rates well below current rates.

The Federal Housing Finance Agency withdrew a proposed rule it was forced to issue regarding Property Assessed Clean Energy programs after prevailing in court.

The Senate won't vote on the nomination of Rep. Mel Watt, D-NC, for director of the Federal Housing Finance Agency, before leaving for its August recess.

Everbank is closing its wholesale business with mortgage brokers.

Mortgage production volume remained steady in the second quarter amid a growing purchase-mortgage market.