Although FedNow might seem an ideal fit for mortgage settlements, it remains to be seen if the industry will embrace this technology.

The 25 largest GSE servicers handled 73.7% of the servicing volume as of the end of June, up from a 72.9% share at the end of March.

Plaintiffs in Berkley Insurance v. FHFA want to include comments and congressional testimony from former FHFA Directors Mel Watt and Mark Calabria.

The feature was first rolled out in May...

Chase Home Finance solidified its position as the largest GSE servicer in the second quarter while the servicing portfolio at second-ranked Wells Fargo continued to shrink.

The conservator of Fannie and Freddie argued that the testimonies of two former FHFA directors were irrelevant because they were not at the agency when the Treasury Department agreed to the net worth sweep.

Most of the drop-off in production hasn’t been because borrowers didn’t want to pay high interest rates, an analysis from FHFA showed. It’s because high interest rates have spiked DTI ratios, disqualifying borrowers for a mortgage.

Lenders are using Fannie’s IP Address Restrictions tool to limit their employees from accessing the GSE’s technology.

The inclusion of new-built homes with high energy efficiency ratings in Freddie’s green bond program significantly boosted the program’s impact.

Some 62% of mortgage fraud incidents involve the misrepresentation of income and employment, while 33% involve the understating of borrower liabilities, a Fannie survey showed.