The Mortgage Bankers Association this week urged Congress to support two bills that would make major changes to the National Flood Insurance Program, including clarification that would make private flood insurance acceptable to mortgage lenders....

Subsidiaries of Goldman Sachs (MTGLQ Investors) and Balbec Capital (Igloo Series II Trust) were the winning bidders of Fannie Mae's latest nonperforming loan sale announced this week. The four pools included a total of about 9,400 loans with an unpaid principal balance of $1.68 billion....

Nationstar, the residential mortgage servicer, revealed recently it is being investigated by the CFPB over issues related to complying with the Home Mortgage Disclosure Act....

Mortgage applications rose 3.1 percent, on a seasonally adjusted basis, for the week ending March 10, 2017, versus the week before, the Mortgage Bankers Association announced Wednesday morning. The MBA's Refinance Index rose 4 percent, and its Purchase Index was up 2 percent…

Correspondent production of conventional-conforming mortgages increased by 51.9 percent from 2015 to 2016.

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.