Compliance & Regulation

The JPMorgan Chase CEO was in rare form at the Milken Institute conference, speaking without a filter on a range of controversial topics.

Regulator now has recovered nearly $4.8 billion in various suits related to the mortgage meltdown in 2008.

In an echo of the rescue deals of 2007 and 2008, New Residential's CEO framed the transaction as something undertaken to benefit the entire industry.

No matter what form government-sponsored enterprise reform takes, Federal Housing Finance Agency officials are stressing that it should account for the fact that the GSEs' capital buffer will soon hit zero.

The Treasury secretary on Monday reiterated an aggressive timetable for tackling the future of Fannie Mae and Freddie Mac, an issue that has long flummoxed Congress.

Mortgage Bankers Association President David Stevens is confident that housing finance reform will move forward under the Trump administration, but criticized calls to simply let the government-sponsored enterprises recapitalize and be returned to shareholders without additional reforms.

The landmark ruling remands the city of Miami's 2013 suit against Wells Fargo and Bank of America to the lower court.

The U.S. Supreme Court issued a mixed decision on the reach of the main federal housing-discrimination law, telling a lower court to reconsider whether Miami can sue banks for lending practices the city said contributed to urban blight.

President Trump is scheduled to meet with the top leadership of the Independent Community Bankers of America on Monday.

Foreclosure activity continues to subside and most of the regulatory reforms created to protect distressed borrowers have been implemented. Yet mortgage servicers still haven't fully resolved the operational challenges facing their business.