Compliance & Regulation

The House voted 303 to 121 on Wednesday to pass a bill that would delay enforcement of new mortgage disclosures that went into effect on Oct. 3.

A lender backed by private equity firm Lone Star Funds is under scrutiny by New York Attorney General Eric Schneiderman amid union allegations it may be using predatory practices in its mortgage business.

Bank of America is getting some more mileage out of its Supreme Court victory in June.

Fifth Third Bancorp has agreed to pay nearly $85 million to settle fraud charges related to undisclosed defective Federal Housing Administration-insured loans.

The clash between the Department of Housing and Urban Development and its inspector general over down payment assistance programs run by state or local housing finance agencies continues to heat up.

Despite their major push to overhaul the housing finance market last Congress, Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va., offered little optimism Tuesday that structural reform is on its way anytime soon.

The Department of Housing and Urban Development launched a new ethics program that will support whistleblower, ombudsman and hotline initiatives.

An initiative underway at Freddie Mac seeks to integrate new and existing technology to create a comprehensive suite of quality control tools designed to help lenders manage their mortgage repurchase risks.

If we can't identify adequate capital to bear mortgage credit losses when they are incurred, aren't we setting ourselves up for another series of bailouts in the next housing downturn?

The Justice Department said that members of the military whose properties were wrongfully foreclosed are eligible to receive a total of $311 million in compensation from five large mortgage servicers.