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The Department of Housing and Urban Development increased the share of reverse mortgage assets it will give community organizations a first crack at, in line with goals of the Biden administration.

Required use of the Federal Housing Administration’s Catalyst platform may accelerate data collection on valuations from a government agency that’s insuring nearly one-fifth of all purchase loans.

Prashant Kothari is managing director of SitusAMC Title Production Services.

COVID-19 concerns, inflation hold back actions that might change current patterns.

After exiting the business roughly 20 years ago, the San Antonio bank is working with tech consultant Infosys to help it build out a digital consumer lending business that will include home loans.

The builder was found guilty of stealing over $1 million from home buyers, lenders, businesses and a family member’s special needs trust between 2016 and 2020.

The move generally gets a thumbs up from industry participants, but what can happen in the long-term is uncertain.

The Federal Housing Finance Agency is looking to revise the framework intended for when Fannie Mae and Freddie Mac exit conservatorship in order to encourage the transfer of credit risk to private investors.

The platform, built off a recent acquisition, looks to create efficiency in the growing wholesale lending market.

Critical defects fell as well, but the percentage that are related to income or employment concerns set a new record, surpassing the one set in the second quarter of last year.