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An independent government watchdog has a sharp message for the federal agency that must decide whether to allow principal reductions on hundreds of thousands of government-backed mortgages: Time's wasting.

One of two WesCorp executives still fighting NCUA civil charges over the 2009 collapse of the corporate credit union giant has called for testimony from senior NCUA executives.

Brian Vieaux has joined Flagstar Bank as senior vice president and head of its home lending division.

Fitch Ratings has downgraded seven classes from six different Home Equity Conversion Mortgage securitizations.

Interest rates for the 30-year and 15-year fixed-rate mortgage matched their all-time lows as the 30-year FRM was unchanged from last week's 3.66%, while the 15-year FRM fell one basis point to 2.94%.

After shunning homebuilders for the last five years, investment capital is starting to find its way back into the new home market.

A new service from CoreLogic incorporates servicer stop advance data into its private-label residential mortgage-backed securities dataset.

Analysts at Fitch Ratings have returned Old Republic International Corp. to Ratings Watch Negative status following the cancellation of the spinoff of the mortgage insurance business into a separate entity.

The Federal Housing Administration's increase in mortgage insurance premiums for streamline refinancings dragged down the amount of government loan applications and in turn total loan applications for the week ended June 22.

The continued uncertainty and regulatory delays surrounding key mortgage rules mandated by the Dodd-Frank Act are keeping potential issuers of private-label MBS on the sidelines.