A California-based real estate professional admitted to conspiring to originate 102 home loans worth more than $55 million using false and fraudulent loan application information.

Vice President Kamala Harris outlines economic agenda for her presidential campaign; ex-FHA official joins M&T Bank; VA outlines secondary borrowing requirements when using assumable mortgages; FHA drafts guidance on loss-mitigation consultation requirements.

The executive president of the Mexican Association of Retirement Fund Administrators noted that some Mexican investors see U.S. MBS as a riskier investment than U.S. Treasuries.

Lenders should carefully consider geographic-specific data when crafting special purpose credit programs, according to an Urban Institute report on designing SPCPs.

The Mortgage Bankers Association and the National Reverse Mortgage Lenders Association suggested changes for Ginnie’s planned HMBS 2.0 program.

The move is meant to keep FHA multifamily loans for new construction competitive with those from other programs.

Mortgage servicers should consider factors specific to borrowers’ circumstances when offering loss-mitigation options to avoid foreclosure, according to a recent Mortgage Bankers Association report.

Gordon’s remarks come in the wake of a call by the Heritage Foundation to “right-size” the missions of FHA and Ginnie Mae...

With the presidential election around the corner, FHA Commissioner Julia Gordon said her goal is to ensure she leaves FHA stronger than she found it. A Republican-appointed FHA commissioner also voiced support for the agency at a recent event to celebrate FHA’s 90th anniversary.

The final rule has its roots in a pandemic-era temporary partial waiver of the face-to-face meeting requirement. That waiver will remain in place through the end of the year.