Compliance & Regulation

PHH Corp. President and CEO Glen Messina will step down in June at the company's annual meeting.

With slim odds of getting eight Democrats to support major Dodd-Frank Act reforms, Republicans are turning to other measures to make changes to the 2010 reform law.

Home affordability is near lows last seen post-crisis but there is hope wage growth that is outpacing home prices in many counties could reverse or slow the trend.

One credit union leader is urging Acting NCUA Chairman McWatters to go to bat for more sensible mortgage rules coming out of the CFPB.

Low scores make it harder for banks to get regulatory OKs to expand, but Wells is in retrenchment mode anyway.

Bank of America was told to pay a $46 million judgment last week after it wrongfully foreclosed on a Lincoln, Calif., couple during the recession.

On the long list of those who profited from the misery of the Atlanta-area foreclosure crisis, you can add the name of Clifford Wayne Hill.

Deutsche Bank is finding that there just isn't enough soured U.S. mortgage debt anymore.

Wells Fargo engaged in an "extensive and pervasive pattern" of discriminatory and illegal lending practices for years, the OCC said in slashing a key rating of how the bank serves communities.

The industry expects to lean on technological efficiencies this year as higher rates and dwindling refinances test their businesses.