Compliance & Regulation

Competition between fintech, marketplace and traditional mortgage lenders often focuses on borrower-facing automation and other technology. What gets overlooked is how differences in their funding sources create another area of competition.

Ginnie Mae and the Department of Veterans Affairs have described in more detail the VA loan refinancing practices they will crack down on to eliminate a long-running churning concern.

The latest version of Ellie Mae's Encompass loan origination system includes new features for Home Mortgage Disclosure Act compliance and digital mortgages.

The Consumer Financial Protection Bureau said Friday that Anthony Alexis, its enforcement chief, plans to leave the agency after more than five and a half years.

Ocwen Financial Corp. is settling allegations by Alabama and Minnesota that it engaged in improper mortgage activities, bringing the total of states it has settled with to 17.

Wells Fargo took a surprise $1 billion charge in the third quarter for previously disclosed pre-crisis, mortgage-related regulatory investigations. It contributed to a 19% fall in profits.

While the House disaster relief bill would provide $16 billion in debt relief for the National Flood Insurance Program, it does not include a Trump administration proposal to ban new construction in flood-prone areas.

Hundreds of federally subsidized housing residents in Pittsburgh's East End are being forced from their homes because of squalid conditions.

A group backed by billionaire industrialists Charles and David Koch unveiled a television and digital campaign that argues "corporate welfare" threatens Republican efforts to dramatically alter the U.S. tax code.

TILA-RESPA integrated disclosure rule amendments are in effect and the Consumer Financial Protection Bureau is beginning to digest comments on an outstanding "black hole" mortgage companies want more clarification on.