Wells Fargo’s mortgage chief Franklin Codel is getting some new duties...

Ginnie Mae requires that all loans in its MBS pools have federal insurance or a federal guarantee.

It appears some VA lenders are refinancing veteran borrowers into IRRRLs before the end of the six-month seasoning period.

In settling the case with the government, BB&T admitted no wrongdoing…

Ginnie Mae wants to make sure that issuers are not selling all their good loans and retaining the potential dregs…

In addition, HUD proposes to vary its owner-occupancy requirement…

Among the top 20 VA lenders, just six depositories made the cut: USAA, Navy Federal, Wells Fargo, Flagstar Bank, The Federal Savings Bank and North American Savings Bank…

VA wants to make sure that borrowers are not making a hasty decision to refinance, said VA Acting Director Jeffrey London.

Ginnie expects issuers to actively participate by issuing, servicing or subservicing agency MBS…

There is no clear explanation as to why VA rates are lower than the competition, but some industry participants, including Tom Piercy of Incenter Mortgage Advisors, speculate prepayments might be the reason.