Compliance & Regulation

Widows, divorcees and others who inherit or otherwise receive mortgaged property often have a hard time getting loans modified because there are too many hurdles to proving they own the property.

Although many believe home prices to be impervious to inflation, they are still susceptible to speculation surrounding the Federal Reserve's rumors and decisions on monetary policy.

The government agency that guarantees securitizations of Federal Housing Administration-insured loans is experimenting with a pool type that consists only of modifications and reperforming loans.

The scammers pocketed $3.8 million from troubled homeowners nationwide and did nothing to modify their loans.

Freddie Mac has obtained new insurance policies under its Agency Credit Insurance Structure program.

The Depository Trust & Clearing Corp. and Digital Asset Holdings are targeting the repurchase agreement market as the latest use case for a blockchain solution.

Bankers are fighting back against a plan that would allow Fannie Mae and Freddie Mac to invest in low-income housing tax credits, arguing they are critical for meeting Community Reinvestment Act requirements.

Military families and service members are submitting debt collection complaints to the Consumer Finance Protection Bureau at twice the rate of other consumers.

A jury awarded Mount Olympus Mortgage Co. more than $25 million in a lawsuit alleging "corporate espionage" by former employee Benjamin Anderson and his new employer, Guaranteed Rate.

Appellate courts are officially playing pingpong with underwriters' employment status, leaving lenders to decide whether or not they qualify as employees exempt from minimum wage and overtime pay — and open to regulatory scrutiny.