Top Congressional leaders have announced a deal on six bills that will fund several federal agencies, including HUD, USDA and VA.

Rocket CEO Varun Krishna believes artificial intelligence will drastically help the lender boost originations.

As lawmakers move to ban the use of trigger leads, lenders should focus their dollars on other marketing sources.

The new Payment Supplement program will allow servicers to temporarily reduce a borrower’s monthly payment by up to 25% without modifying the mortgage’s current interest rate.

Dramatic reversals in provisions for credit losses drove profits at Fannie Mae and Freddie Mac during the fourth quarter of 2023.

MSR buyers? The field is getting crowded and PE-backed investors continue to be aggressive. Even Guild Mortgage is open to the idea of buying, but only if the situation meets its parameters.

The Federal Home Loan Bank of San Francisco becomes the first FHLBank to allow members to use mortgage loans based on VantageScore 4.0 as collateral for advances.

As many as 88,000 individual tax identification number mortgages could be originated in a year if certain market barriers were removed, according to Urban Institute researchers.

Flagstar’s warehouse business was left unscathed by the recent loss at its parent, NYCB. However, it doesn’t take much to make a nonbank feel queasy when the unexpected happens at one of its financiers.

Facing criticisms that borrowers would intentionally default to qualify for VA’s upcoming loan-modification program, the agency noted that nearly 90% of its home loan portfolio is at a 2.5% to 3% coupon.