President Donald Trump has apparently long considered Mick Mulvaney to serve as White House chief of staff, and now, after numerous fits and starts to that process, Mulvaney is finally set to replace John Kelly in that role. Trump announced via Twitter on Friday afternoon that he is naming Mulvaney as the “acting” White House chief of staff. According to Trump, Mulvaney will officially take over as chief of staff when Kelly leaves the administration at the end of this year.

The Federal Housing Administration announced its new loan limits for 2019, and it looks like most of the country will see an increase. These new loan limits will be effective for FHA loans assigned on or after January 1, 2019.

The Federal Housing Administration has increased the maximum claim amount for reverse mortgages for the third consecutive year, announcing Friday that it will raise HECM claim amounts to $726,525 in 2019. What does this mean for the HECM?

Anyone hoping that Fannie Mae and Freddie Mac may soon start using VantageScore as an alternative to their current FICO credit scoring model is about to get a cold dose of reality. The FHFA announced this week that it is issuing new rules surrounding the adoption of alternative credit scoring rules. Chief among those rules is a provision that would prohibit the GSEs from using the VantageScore credit scoring model because of conflicts of interest with the company’s backers.

Nominations have already started coming in for HW’s Tech100 Award. But along with those nominations have also come a flood of questions. We compiled the top questions, along with the answers, to make sure you’re ready to submit the best nomination you can.

The Federal Deposit Insurance Corp. is one of the nation’s top banking regulators, but one of the agency’s former senior employees faces 20 years in jail for stealing confidential documents from the world’s largest banks while trying to get a job at those very same banks.

It seems to be all about expansion these days for Zillow. The online real estate giant recently got into the mortgage business with its acquisition of Mortgage Lenders of America. Zillow has also been growing its direct buyer business, Zillow Offers, wherein the company is buying houses directly from sellers then lists the home for sale. And the company will soon be buying houses in California and North Carolina.

Finance of America Mortgage has agreed to pay the U.S. government $14.5 million to settle a whistleblower lawsuit involving mortgage fraud. The payment settles the claim that Gateway Funding Diversified Mortgage Services, which FAM owns, knowingly originated and underwrote deficient mortgage loans insured by the FHA in violation of the False Claims Act.