The Department of Housing and Urban Development delayed enactment of changes to the FHA appraisal process from the originally scheduled date of Jan. 1 until Feb. 15, an agency spokesman said. Mortgagee Letters 2009-28 and 2009-51 prohibit mortgage brokers and commission-based lender staff from participating in the appraisal process and appraiser selection in FHA Connection. The effective date...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.