Changes to Ginnie Mae’s HMBS program will improve issuer liquidity and provide issuers with continuous access to capital market sources of funding to securitize HMBS participation.
Read More »HUD and VA Award $16 Million to Assist Homeless Vets
Governmental agencies issue vouchers to 71 Public Housing Agencies nationwide to help homeless vets and their families find and sustain permanent housing.
Read More »REO Forum Closes Out Successful 2023 Five Star Conference
Asset managers and industry stakeholders took part in a forum at the Five Star Conference & Expo in Dallas to discuss shifts in the REO marketplace, and how to overcome hurdles the industry may face in the coming months.
Read More »The Week Ahead: Capitol Hill Analyzes Flood Insurance
Set to expire September 30, FEMA’s National Flood Insurance Program provides flood insurance to millions of U.S. property owners, renters, and businesses, yet it is in jeopardy of not being reauthorized or amended by Congress.
Read More »HUD Expedites Aid to Hurricane Idalia Victims in Florida
The Department issues 29 waivers to help communities in Florida hasten rehabilitation and reconstruction from the extensive damage caused by Hurricane Idalia.
Read More »CFPB Issues Lender Guidance on AI-Related Credit Denials
In an effort to make the intersection of fair lending and technology a priority, the CFPB has issued guidance on how lenders must issue consumers accurate and specific reasons for credit denials when utilizing artificial intelligence.
Read More »Fed Forgoes September Rate Hike
The Federal Reserve’s Open Market Committee (FOMC) chose to forgo the opportunity to raise the central bank’s nominal interest rate at the conclusion of their September meeting, a repeat of the action the committee last took in June after hiking rates in July.
Read More »Servicers Shine at Annual Five Star Conference
The Five Star Conference & Expo closed out with a lively discussion on the latest headwinds impacting the mortgage servicing space, featuring top mortgage servicing execs, economists, and government reps exchanging ideas on how to move the industry forward.
Read More »Kim Yowell Honored With Five Star’s Lifetime Achievement Award
At the annual Five Star Conference in Dallas, the 30-year industry trailblazer was recognized for her accomplishments in the mortgage finance space throughout her career.
Read More »Regulatory Issues Take Center Stage at Five Star Conference
The Legal League held its Fall Servicer Summit in conjunction with the 20th anniversary of the Five Star Conference in Dallas, spotlighting the latest regulatory developments, lawsuits, and emerging trends within the housing and mortgage space.
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