Click n' Close said new locks on USDA loans will be eligible for extensions through the end of the year.

Borrower payoffs continued to make up the bulk of removals from Ginnie MBS. But the increase in third-quarter volume was led by FHA loan removals for delinquencies and foreclosures. (Includes two data tables.)

FHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee this week, relying on stock language or otherwise sidestepping in their responses.

Pennymac is allowing disabled veterans to use their anticipated property tax exemption for loan qualification purposes in certain states.

Developers planning to apply for FHA financing for multifamily units have to wait until Congress reaches an agreement to fund the government, prompting an application backlog.

Click n’ Close is offering free rate lock extensions as the government shutdown puts the USDA home loan program on hold.

The Mortgage Bankers Association and the National Reverse Mortgage Lenders Association requested that Google modify its rules to permit advertising FHA home equity conversion mortgages to seniors.

FHA foreclosures are on the rise, accounting for 38% of all active foreclosures in September.

Former VA LGY leader passes away; HUD extends program updates.

FHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee Thursday.