AARP filed a class action against Celink and some of its clients, alleging they charged reverse mortgage borrowers onerous fees in violation of state and federal laws.
The Mortgage Bankers Association said a move to a single-file credit system at Fannie and Freddie wouldn’t undermine government lending programs, but might instead encourage them to follow suit.
The delinquency rate on FHA-insured mortgage loans jumped nearly a percentage point during the fourth quarter of 2025 to surpass the reading at the end of 2020. (Includes four data tables.)
The Mortgage Bankers Association joined a growing chorus of industry groups calling for FHA to revisit its mortgage insurance premiums following a strong show of the Mutual Mortgage Insurance Fund.
Ginnie Mae launched pilot applications of artificial intelligence in its operations last year as it works to speed up its transition from pool- to loan-level operations.