Compliance & Regulation

To address an unintended consequence of the TILA-RESPA integrated disclosures, California regulators are making it easier for lenders to prove compliance with rules limiting interest charges on mortgage closings that take more than one day.

The city joins a growing list of municipalities that have filed similar lawsuits, just two weeks after the Supreme Court ruled that municipalities have standing to sue lenders under the Fair Housing Act.

Nexera Holding, which has operated as an online lender under the name Newfi, is applying that branding to the company as a whole.

The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial.

The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.

The Federal Reserve is asking Sterling to address deficiencies tied to its collection, verification and reporting of CRA data from 2014 to 2016.

FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.

The Property Assessed Clean Energy program entails a priority lien that critics dislike, but one lender ran the numbers and liked them enough to take out a PACE loan itself.

Brent Beardall, who recently took the helm at Washington Federal, discusses having excess capital, myriad potential fintech partners and why he would tweak — not repeal — Dodd-Frank.

The National Association of Realtors sent a letter to the Senate backing the temporary resumption of a tax break for homeowners with mortgage forgiveness.