Compliance & Regulation

Industry groups are urging the Federal Housing Finance Agency to end the sweep of profits of the GSEs so that Fannie and Freddie can rebuild capital.

Bank of America Corp. said it reached a $190 million agreement to resolve a six-year-old legal claim from Federal Home Loan Bank of Seattle over mortgage-backed securities sold before the financial crisis.

A federal judge approved Goldman Sachs Group's $272 million settlement with investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities.

Servicing rights are high-yielding assets, making them attractive investments for hedge funds, real estate investment trusts and banks.

Freddie Mac is marketing its 20th offering of Structured Agency Credit Risk notes offloading exposure to defaults on residential mortgages that it insures.

The Consumer Financial Protection Bureau will propose changes in late July to its mortgage disclosure rule to provide "greater certainty and clarity" to the mortgage industry.

The House passed a bill Thursday that would authorize state insurance commissioners to approve flood insurance policies for Fannie Mae, Freddie Mac and other federally backed mortgages.

During the mortgage crisis, servicers recruited people from the origination business to help with loan modifications. Now the two sides of the industry are coming together in a new way.

Ocwen Financial Corp. has fulfilled its consumer relief obligation under the National Mortgage Settlement ahead of schedule. But that doesn’t mean it’s in the clear yet.

Cost improvements weren't enough to keep Ocwen Financial Corp. out of the red during the first quarter.