The agency is warning lenders that the annual recertification can be a lengthy, time-consuming process.

Commercial banks continue to avoid the reverse mortgage market like the plague.

One proposed rule would establish reasonable fees that VA lenders may charge in connection with the origination and servicing of loans.

“Erosion of homeownership for blacks threatens to undermine their ability to gain and maintain economic stability, not to mention build assets,” said UI’s Rolf Pendall.

The VA county loan limits do not apply to Interest Rate Reduction Refinancing Loans...

The Golden State accounted for $19.4 billion of VA loans in Ginnie pools at the end of the nine-month period. The Old Dominion State accounted for $10.1 billion in VA loans in Ginnie MBS.

Quicken Loans once again led the pack in FHA production, funding $3.77 billion in 3Q15, giving the nonbank a market share of 5.14 percent.

The HUD IG said it has investigated a number of HECM lenders suspected of using inflated appraisals in refinance transactions.

The HECMs backing the bond are either in default, due and payable, in foreclosure or REO...

The number of young vets has risen while the 35- to 64-year-old bucket has shrunk...