The interim final rule goes into effect July 1...

The FHFA is pushing for legislation that will allow it “to examine the records, operations and facilities” of all Fannie/Freddie servicers – an expansion of its supervisory role over nonbanks.

The CFPB proposed standards for qualified mortgages that don’t rely on a loan being eligible for sale to the government-sponsored enterprises.

Under the program, companies can submit specific queries identifying uncertainty in existing rules...

Forbearance tallies keep falling, which is good news for both servicers and consumers...

Alterra Mortgage President Miguel Narvaez: “And what happens is that no one wants to take the risk of doing loans that FHA will not insure.”

SFA's Michael Bright: It looks like jumbo MBS has the highest probability of being included in an expanded TALF...

Others blanched at the price tag and are now pondering whether they should install new loan-level price adjustments, something FHA would not welcome.

The Mortgage Bankers Association has been silent on the issue, until now...

California is expecting a massive budget shortfall because of the pandemic, but remains committed to funding a robust state-level CFPB...