Nationwide Equities Corp. allegedly misinformed consumers about how much money they could receive from a reverse mortgage, the fees and costs of the loan and the consequences of nonpayment.

The share of residential mortgages in forbearance decreased for the ninth straight week to 4.47%. Overall, 2.23 million homeowners remain in forbearance, according to the Mortgage Bankers Association.

Ginnie's dive into blockchain technology is an independent initiative and will not impact FHA/VA, the agency promised.

FHA amends HECM non-borrowing spouse policy; FHA issues partial waiver for appraisers.

Many industry analysts believe the tax incentive, given a lack of housing inventory, would act as a subsidy to sellers rather than an aid to homebuyers.

If new policies that incentivize homeownership are not implemented, the Hispanic community will be the only ethnic group to experience an ownership gain.

The agency’s Innovation Lab will conduct a preliminary analysis of how blockchain could be used to reduce cost and risk and improve liquidity.

Certain loan brokers aren’t happy with wholesale giant UWM over its “us or them” edict. A lawsuit has been filed. More could be on the way.

The House recently voted 355-69 to approve legislation that could reduce FHA upfront premiums for first-time homebuyers.