Compliance & Regulation

The former treasurer of an Oklahoma City homeowners association has been charged with eight felony counts of embezzlement.

Guild Mortgage is reaching out to millennials who often have higher debt-to-income ratios and lack down payments with a grant that allows them to put just 1% down.

Fannie Mae's credit risk sharing transactions since 2013 have grown to the point where the total for the unpaid principal balance transferred has reached $1 trillion.

Wayne Francis, the lawyer and real estate speculator captured while hiding in a Connecticut hotel room over the holiday weekend, was presented in court Tuesday on a larceny charge and held on a $2 million bond.

Three former Nomura Holdings mortgage-bond traders accused of cheating their customers called no witnesses in their defense against fraud charges, betting that prosecutors’ evidence is too weak to convict them.

Auditors performing a review of Ocwen Financial padded time sheets and claimed excessive and improper expenses, including lengthy travel and meals at strip clubs and casinos, according to a lawsuit filed against Fidelity Information Services.

Democrats and Republicans, who have agreed on little this year, have found common ground on plans to give private insurers greater access to the $5 billion flood insurance program and to offer more buyouts for homeowners in areas likely to be repeatedly submerged.

Maryland Gov. Larry Hogan has signed a bill that will expedite foreclosures of vacant and abandoned properties this fall.

The Federal Housing Finance Agency has revived the idea of putting a question on the loan application asking consumers what language they want to communicate in.

FHFA Director Mel Watt sketched a regulatory vision that included greater scrutiny of funding mechanisms and large exposures to single borrowers.