The final rule approved by the FDIC requires escrows for flood insurance to be implemented on a “tripwire” approach.

The NCRC said Bank of America, Discover Bank, Synchrony and TD Bank, among others, have supported the program.

Potential borrowers have misperceptions about requirements for credit scores, downpayments and income, according to results from a survey by Wells Fargo and Ipsos Public Affairs.

“The short-term outlook remains dismal,” said Quincy Tang, a managing director and head of U.S. residential MBS at DBRS.

The changes allow eligible non-borrowing spouses with older Home-Equity Conversion Mortgages the potential to remain in their home following the death of the last surviving HECM borrower.

The VA maintained a sizeable lead in first-lien mortgage refinancing over FHA and private mortgage insurers in the first quarter of 2015 but yielded to both in purchase originations.

Some 90 lenders contributed mortgages to the Redwood MBS, led by First Republic Bank with an 11.7 percent share.

Lenders provided a few constructive suggestions while voicing frustration regarding state regulators’ data collection efforts.

Fitch noted that a transaction manager’s compensation agreement will be important in determining any benefit...

In recent years there has been speculation that Nationstar would spinoff Solutionstar, but officials at Nationstar now see Xome as a way to differentiate the nonbank from other lenders.