Only a handful of FIRREA cases were filed in the first 20 years after enactment of the statute. In the last two years, however, the government has aggressively used FIRREA to target financial institutions for activities related to the origination, rating, securitization and servicing of residential mortgages.

The HUD pools had an estimated unpaid principal balance of $10.7 billion and a broker price opinion of $8.2 billion.

More than $85 million in peer-to-peer mortgages were originated in 2013 via National Family Mortgage. It may double that performance this year.

Radian's Loan Amount Estimator enables lenders that are capping their debt-to-income ratios at 43 percent to calculate maximum loan amounts and sale prices based on the MI product selected.

The FHA reviewed 6,692 government-insured loans between July 1 and Sept. 30, 70 percent of which were home-purchase loans.

The effort, known as Tier Ranking System II, was created to determine servicer compliance with delinquent servicing guidelines developed by HUD.

The new requirements become effective for FHA case numbers assigned on or after March 11, 2014. Comments are due by Feb. 10, 2014.

According to Inside FHA Lending, the top three VA lenders during the first nine months of 2013 were: Wells Fargo, USAA, and Freedom Mortgage.

In certain ways, HUD’s "qualified mortgage" definition is less restrictive than the CFPB edict, including setting no limit on a borrower’s debt-to-income ratio.

The changes are part of an extensive overhaul aimed at boosting the rural housing market, increasing the availability of rural home loans and spurring the construction of new homes in rural areas.