Compliance & Regulation

Upcoming look-backs of key Dodd-Frank provisions like the Qualified Mortgage rule are unlikely to result in new regulatory changes. But any effort to revisit already-implemented rules should give cause for concern, legal experts warn.

While compliance costs continue to increase for lenders, the rising age of company owners is what's prompting many independent mortgage bankers to sell their companies.

To successfully respond to the most pressing challenges facing the mortgage industry right now, lenders and servicers must navigate issues of competition, governance, affordability and margins.

Independent mortgage bankers are concerned that if Congress votes to privatize the Common Securitization Platform, it could give large banks too much control over the real estate finance market.

Mortgage industry groups are frustrated by the lack of progress on real estate finance reform, and that spurred one group — the National Association of Home Builders — to endorse Congressional candidates for the first time.

Recently launched low-down-payment mortgage programs are presenting new opportunities for fraud. But new data and monitoring tools can help lenders mitigate those risks.

A desire to own their own businesses led many loan officers to become mortgage brokers during the industry's growth period. As brokering regains its footing, that entrepreneurial spirit is making a comeback.

The Mortgage Industry Standards Maintenance Organization has launched a new portal for collaboration and communication across the industry and updated its website.

Bayview Asset Management is securitizing $159.6 million of securities that transfer the risk of credit losses on mortgages insured by Fannie Mae and Freddie Mac.

Franklin Codel, Wells Fargo's head of mortgage, will now oversee all consumer lending as part of a management shakeup that comes amid the bank's fake account scandal.