Onity revised the terms of its sale of home equity conversion mortgage servicing rights to Finance of America Reverse after receiving feedback from Ginnie Mae.

In a recent comment letter, mortgage trade groups urged the CFPB to prioritize completing pending rulemakings — beginning with Reg. X — to carry out implementing President Trump’s March executive order aimed at expanding access to mortgage credit.

Rocket Mortgage has incorporated VS4 into both its direct-to-consumer and Rocket Pro sides of the business.

FHA published a request for information seeking ways to ease its minimum property requirements.

The consumer groups raised various legal arguments about the final rule, including that it was issued in violation of various laws that set requirements for the rulemaking process.

The re-proposal would improve banks’ return on capital, said John Sim, a managing director at JPMorgan Chase.

“There’s still work to be done and we are committed to continuing to work with the White House and our colleagues in the House on a housing bill that can pass the Senate and get to the president’s desk,” said Sens. Tim Scott, R-SC, and Elizabeth Warren, D-MA.

Dave Paulson, CEO of the FHLB of Pittsburgh, pointed out that, prior to the 2023 banking crisis, many FHLBank officials didn’t know who their direct contact was at the Fed.

FHA noted that federal law prohibits providing federal financial assistance to individuals with delinquent child support.

The House is set to vote on a revised version of the 21st Century ROAD to Housing Act. It’s expected to pass with broad bipartisan support.