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The sale of these loans is intended to reduce the number of seriously-delinquent loans owned by Fannie Mae and to help stabilize neighborhoods and to help meet the portfolio reduction targets required under the Senior Preferred Stock Purchase Agreement with the United States Treasury.

Twenty-eight states had significant year-over-year increases in non-farm payroll employment in February.

If another banking crisis arises, as in 2008, OCC Head Thomas Curry says that banking practices used now will help to soften the blow and restore stability in the banking industry.

Freddie Mac may be moving toward backing loans that finance single-family rental (SFR) homes. If the reception is similar to when Fannie Mae backed Invitation Homes is January, expect mixed reactions from the industry.

In his first address to Congress at the end of February, President Trump reiterated his commitment to growing U.S. jobs. The most recent report from the Bureau of Labor Statistics shows that during Trump’s first-full month as president employment increased by 235,000 jobs.

C-level mortgage leaders were surveyed to find their leading staffing concerns for this year and in the future, including talent acquisition, retaining good people, and hiring millennials.

Cuts of $6 billion to HUD budget would prevent big-ticket repairs to public housing and reduce number of vouchers for low-income families. The plan would also cut HUD salaries by 5 percent.

Last year turned out to be a good year for U.S. homeowners with mortgages. A new study by CoreLogic found that roughly 63 percent of all homeowners saw their equity increase.

The case, as previously reported by DS News, sees New Jersey-based lender PHH Corp. trying to overturn a $109 million penalty issued by the CFPB in June 2015 over alleged violations of the Real Estate Settlement Procedures Act.

Carson holds a Q&A with employees of HUD and talks about his time as a neurosurgeon.