Pennymac is taking a different kind of shot at the purchase market — this time with Olympians.The lender announced the launch ...

The VA Servicing Purchase, or VASP, program was enacted by the Biden administration to help veterans avoid foreclosure by rolling their missed mortgage payments into low-interest loans. But the Trump ...

WASHINGTON — The Department of Veterans Affairs will end a controversial mortgage bailout program that provides “last resort” assistance to veterans facing foreclosure and holding VA-backed loans, the ...

WASHINGTON — A mortgage industry group representing small and mid-sized lenders urged Department of Veterans Affairs Secretary Doug Collins to delay ending a home loan rescue program run by the VA ...

MBA submitted seven recommendations to HUD and Ginnie Mae to reform the HECM and HMBS programs, with a focus on liquidity and insurance costs. AI Summary The Mortgage Bankers Association (MBA)’s ...