“Gravity is being tested,” said Mark Garland, a managing director at SitusAMC.

Loans one payment past due increased 19 basis points during the second quarter, after declining during the first quarter.

Among other differences, Congress doesn’t appear to be budgeting for a reduction in force at HUD.

“By tearing down these onerous hurdles, we’re freeing professionals from a tangle of red tape that drove up costs, inhibited access to homeownership, and discouraged market participation,” said HUD Secretary Scott Turner.

Jonathan Gould was the senior deputy comptroller and chief counsel at the OCC during the latter half of the first Trump administration.

FICO's stock price took a hit after the FHFA announced that the GSEs will immediately accept VantageScore 4.0.

Sales of new single-family homes declined by 13.7% on a monthly basis in May.

The largest servicing gains in the past year were in servicing for Ginnie Mae, whole loans at nonbanks and in non-agency mortgage-backed securities.

A&D recently acquired the unit from Mr. Cooper Group.

Beginning June 16, custom single-family pools in the Ginnie II program won’t be subject to the 10% concentration limit on mortgages with buydowns.