Compliance & Regulation

Two House Financial Services subcommittee chairmen are urging the Consumer Financial Protection Bureau to delay enforcement of a new disclosure regime due to take effect this summer until Jan. 1.

Consumer complaints about financial products and services such as home loans are more than just statistics. They indicate the real and difficult challenges people face as they try to navigate the financial seas.

CUNA and NAFCU each submitted comment letters to the Consumer Financial Protection Bureau regarding 2013 Regulation X (RESPA) and Regulation Z (TILA) mortgage servicing rules, urging the CFPB to adopt several changes and clarifications.

The House is slated to vote on a host of regulatory relief bills next week when Congress returns from its spring break.

Mortgage lender RMK Financial Corp. is facing a $250,000 fine by the Consumer Financial Protection Bureau on grounds that it used deceptive advertising.

In less than four months, mortgage providers across the nation must be ready to meet new disclosure requirements.

A group of community lenders is calling on the Treasury Department to establish reserves to capitalize a new cash window in case Fannie Mae and Freddie Mac are dismantled.

At #MBATech15 in Orlando, #TRID was on the tip of everyone's tongues. But other conversations also took place, centering largely on how technology adoption can make up for lost time and what future IT infrastructures will look like.

Nomura Holdings Inc. and Royal Bank of Scotland Group's fight against a billion-dollar government lawsuit over mortgage-backed securities is ending where it started: with the banks blaming the housing crash.

The Texas Department of Housing and Community Affairs awarded contracts to Matt Martin Real Estate Management and Waterman Steele Real Estate Advisors to help the state agency handle its real estate portfolio.