Lenders may be able to get the Federal Housing Administration to approve more of their loans if newly released plans for modernizing longstanding property requirements move forward. Processing Content The proposal generally loosens minimum standards or aligns them with the government-sponsored enterprises’ in ways aimed at streamlining a process that has frustrated many housing groups. […]

Zillow is again filing to dismiss a lawsuit accusing the company of a kickback scheme that steered borrowers to its mortgage lending business. Processing Content Plaintiffs submitted a 47-page amended complaint focused on alleged violations of the Real Estate Settlement and Procedures Act last month. Zillow said the filing doesn’t address any of the issues

A pool of non-prime and primarily fixed-rate residential mortgages, will secure $328.8 million in residential mortgage-backed securities (RMBS), coming to market from sponsor SLC BINOM Sponsor. Processing Content Primarily, the collateral securing the notes from BINOM Mortgage Loan Trust, or BINOM 2026-NQM2, is either non-qualified mortgages or those that are considered exempt, making up 97.9%