Compliance & Regulation

It's a good idea to raise the asset threshold at which financial institutions are automatically designated as systemically important financial institutions. But Sen. Richard Shelby's proposed legislation for regulatory relief does require one crucial change.

Consent orders with Sprint and Verizon demonstrate the extent that the Consumer Financial Protection Bureau expects businesses — including lenders — to affirmatively protect consumers from harm in any way related to the business transacted between them.

U.S. Bank and Bank of America won't have to face lawsuits claiming they failed to safeguard the interests of investors as required by their contracts.

The Mortgage Bankers Association has formed three new partnerships in an effort to provide new benefits to members.

Banks and mortgage firms representing 70% of the New York market will adopt a set of best practices to combat the "zombie properties" afflicting communities throughout the state, New York Gov. Andrew Cuomo announced Monday.

Politicians and regulators need to get with the times — for the sake of the housing market and its participants.

The regulatory relief package coming before the Senate Banking Committee Thursday would force the Federal Housing Finance Agency to withdraw the contentious proposal within 30 days.

There are more similarities between the NFL and the mortgage industry than at first meets the eye.

As major banks have pulled back from originating Federal Housing Administration single-family loans, nonbank mortgage lenders have become bigger players in the Ginnie Mae program.

Nomura Holdings Inc. and Royal Bank of Scotland Group should pay $806 million in damages to government-owned mortgage companies over misleading securities pitches, a federal housing agency told a judge.