The foreclosure mitigation counseling provision in the housing law doesn’t explain who’s is going to pay for counseling tied to VA and USDA loans.

The Mortgage Bankers Association said VA lenders currently have to rely on a patchwork of mortgage-related guidance scattered across circulars in addition to the Lenders Handbook.

The trade group said the planned relocation raises doubts about whether sufficient Rural Housing Service staff will stay on to implement the delegated underwriting authority pilot program.

VA fee hike stalls; AI underwriter adds USDA support; HUD to advance grant management system update; FHA spread holds flat.

Issuers of ABS backed by data center assets need to expand their investor base as some approach concentration limits within their portfolios, according to the Kroll Bond Rating Agency.

A vote on a legislative package that would’ve raised fees on streamlined VA refis was postponed in Congress after Republicans narrowly dodged a motion to send it back to committee.

Fannie Mae's net income rose to $4 billion in the second quarter, up about $300 million from the first.

Smaller servicers of Fannie Mae and Freddie Mac mortgages gained ground on their larger counterparts in the second quarter, according to Inside The GSEs.

In an uncommon move, the House Financial Services Committee has asked for public feedback on the CFPB Reform Act discussion draft.

Equity Prime Mortgage has tapped a former company employee to strengthen its risk management framework.