Treasury Secretary Janet Yellen and others warn of catastrophic economic consequences if the government fails to raise or suspend the debt ceiling before the middle of October.

While most top-ranked lenders saw aggressive growth in home-equity conversion mortgages during 2Q21, others experienced a slowdown...

Fannie Mae and Freddie Mac already offer 40-year loan modification terms.

The nation’s sixth-ranked lender, loanDepot, doesn’t have a corporate back-to-the-office mandate yet...

The House Committee on Veterans’ Affairs removed from a hearing agenda a draft bill that would have allowed veterans two concurrent uses of a VA guarantee entitlement.

The House Committee on Financial Services last week marked up legislation that would devote $322 billion in funding to affordable housing, including for a pilot program to expand small-dollar lending options for homes that cost up to $100,000.

During a recent conference, officials from government agencies spoke about their responses to the COVID-19 pandemic and the top challenges facing them next year.

President Biden’s planned nomination of Alanna McCargo to serve as Ginnie Mae president received widespread support from the industry.

The Congressional Budget Office estimate compares to a record 2020 that saw VA guarantees total more than $375 billion.

Refinances made up nearly 50% of the reverse mortgages originated in the second quarter of 2021. Overall volume in the HECM market increased in the first six months compared to the same period a year earlier. (Includes two data charts.)