From fiscal 2010-2016, FHA sold roughly 111,000 troubled loans to private investors, including nonprofits, through DASP. In addition, GAO found that FHA did not routinely assess outcomes…

At Fannie Mae, former FDIC chief Sheila Bair will serve on three board committees: compensation, nominating and corporate governance.

Under the HUD draft rule, allegations that a specific, identifiable policy or practice has a discriminatory effect must plead facts to support the claim

The change is part of the agency’s continuing focus on risk management as its book of business continues its historic shift toward nonbank mortgage servicers that have come to dominate its $2.0 trillion-plus portfolio.

The big question: Will the White House and Congress visit the guarantee fee trough once again to pay for it? 

New Residential's stock buyback program is for common shares only and will expire at year-end 2020. In 2019, New Rez has sold additional shares of both common and preferred...

The end of LIBOR presents a number of logistical challenges for trustees of vintage non-agency MBS.

Meanwhile, lenders are swamped these days with new business but are they prepared (staffing wise) to handle the volume?

PIMCO owns at least one mortgage company, First Guaranty Mortgage Corp., in Tysons Corner, VA. Earlier this year, FGMC launched a non-QM brand called Maverick…

Ocwen’s Liberty Home Equity Solutions recently launched a non-agency reverse mortgage product. The EquityIQ loan allows borrowers to access up to $4 million in up-front cash...