Compliance & Regulation

Royal Bank of Scotland Group agreed to pay $5.5 billion to settle the second of three major U.S. mortgage-backed securities probes the government-owned lender must overcome before it can fully return to the private sector.

The Department of Housing and Urban Development's Mortgagee Review Board has suspended Seckel Capital from originating and underwriting FHA-insured mortgages.

Some credit union advocates are praising the Consumer Financial Protection Bureau for a move that exempts select institutions from certain reporting requirements, but other say the bureau must still do more.

Tucked away in the Treasury Department’s regulatory reform report released last month was a nascent effort to reform the way regulators implement the Community Reinvestment Act.

A Methuen, Mass., woman was forced to sell her home recently after she fell victim to an apparent scam targeting homeowners who are struggling with their mortgages.

The Office of the Comptroller of the Currency told a somewhat familiar story Friday about the industry's risk environment.

Supporters maintain hope that the Federal Housing Administration will revive a proposed premium cut, but a key obstacle remains: There's no one to run the agency.

The Consumer Financial Protection Bureau's final rule to formalize guidance on a number of TILA-RESPA Integrated Disclosures compliance points omits an originally proposed fix for the so-called black hole that's created when a mortgage closing is delayed.

National Credit Union Administration Chairman J. Mark McWatters said dropping Consumer Financial Protection Bureau oversight of credit unions would free up CFPB resources.

Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of the crisis.