Housing advocates, spearheaded by the Lincoln Institute of Land Policy, believe the GSEs’ plans actually reduce loan targets for all three areas targeted by DTS.

When lenders opt for an evaluation rather than an appraisal, they often use AVMs...

Industry consultant Mark Goldhaber: "At least it's a step in the right direction."

The CFPB believes technology, to some degree, can help remove bias, but black box underwriting algorithms are not necessarily creating a more level playing field...

Ginnie Mae mortgages carry a servicing fee of 44 basis points. It can now keep that income all to itself, instead of sharing it with a subservicing vendor...

Freedom, the nation's seventh largest originator, said modernization needs a buy-in from all states.

The resignation, effective Feb. 4, will leave the FDIC board composed entirely of Democrats. It follows a highly visible — and unusual — partisan spat among board members.

Presently there are two mortgage-related SPACs that are in progress: Better.com (a lender) and Southport Acquisition Corp., the latter of which is looking for plays in the software arena.

Evidence at trial showed the defendant used fraudulent means to apply for roughly $8 million in loans...

Equity Prime's lawyers are going to be busy in the new year...