USDA Rural Development announced a two-week delay in funding for the Single-Family Housing Guaranteed Loan program in fiscal 2020.

Lenders are hiring retail loan officers to handle the soaring demand for VA-guaranteed home loans led by lower interest rates.

In a comment letter, the CHLA said its members are opposed to proposals to shrink FHA’s footprint, utilize tiered pricing and increase the FHA insurance fund’s 2% capital reserve ratio.

Disabled veterans who were wrongly charged funding fees for their VA home loans will receive refunds totaling more than $400 million.

Servicers of Home Equity Conversion Mortgage loans should brace for additional on-site supervisory audits, according to attorneys.

The CFPB has filed a case against Certified Forensic Loan Auditors for misrepresenting the mortgage relief services provided.

Soaring loan demand is prompting lenders to hire more people. NewDay USA is set to add more than 100 new employees.

The government-sponsored enterprises’ automated verification programs help simplify the mortgage application process. But they could also result in counterparty risk, according to a report by the FHFA IG.