MMI Fund capital reserve is now 5X larger than required

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported…

Lawmakers, MBA call out FICO for potential price hikes

A coalition of 34 Democratic senators and representatives submitted a letter this week to President Joe…

IMB Summit: Holstering the “money gun,” addressing the homeowner’s insurance crisis & more

For too long, the mortgage industry has used “the money gun” to deal with problems. And…

Housing groups praise inclusion of trigger lead bill in defense spending package

The Homebuyers Privacy Protection Act of 2024, a U.S. Senate bill introduced this past December that…

CHLA urges ‘balancing’ of consumer, servicer needs in loss-mitigation proposal

The Community Home Lenders of America (CHLA) on Monday submitted a letter to Consumer Financial Protection…

NAR wants VA to change rules that prohibit veteran buyers from paying broker commissions

The National Association of Realtors (NAR) urged the U.S. Department of Veteran Affairs (VA) to revise…