Supreme Court ruling in foreclosure case is a win for lenders


In a unanimous ruling, the court placed new limits on the ability of consumers to sue law firms that handle foreclosures on behalf of mortgage servicers.


Will single bond set stage for GSE overhaul?; Female-led firms borrowing more


SIFMA approval could bring new competitors and housing finance reform; number of applications rose but amount borrowed still lags other firms.


5 ways mortgages will shape the BB&T and SunTrust merger


SunTrust’s merger with BB&T is the largest bank deal since the financial crisis, and mortgages will play a critical role in the execution of this transaction.


BB&T, SunTrust to merge; ECB plans new bank stress test


The deal would be the biggest bank merger in more than a decade; banks would need to show how many days they could last with just cash on hand.


CFPB mortgage rule didn’t cost industry much, agency says


As required by the Dodd-Frank Act, the bureau released long-awaited "look-back" reviews to assess the impact of mortgage underwriting and servicing rules on the industry and the credit markets.


FHA urges servicers to go easy on federal workers during shutdown


The agency wants mortgage servicers to extend special forbearance plans to those affected by the partial government shutdown and evaluate borrowers for loss-mitigation options.


Servicers treating government shutdown like a natural disaster


As the government shutdown enters its third week, mortgage servicers are activating the response plans they normally use during hurricanes and wildfires to assist federal workers who may have trouble paying their mortgages.


‘I lost my home because of a computer glitch’: Wells’ victims seek answers


The bank recently notified an upstate New York man that he was wrongly denied a mortgage modification, and enclosed a $25,000 check. But details of what went wrong have been hard to come by.


FHA eases document requirements for reverse mortgage insurance claims


The Federal Housing Administration is making it easier for reverse mortgage servicers to submit insurance claims by expanding the types of supporting documentation it will accept on defaulted loans.


Reducing gap between FHA, conventional market is priority: Montgomery


The Federal Housing Administration is looking to streamline its single-family loan servicing requirements to align them with industry standards and upgrade outdated technology.