Compliance & Regulation

The CFPB wants to expand banks' data reporting requirements under the Home Mortgage Disclosure Act. But this would impose even greater costs upon local financial institutions that are already overburdened by regulation.

A U.S. District Court judge has dismissed a challenge to JPMorgan Chase's $13 billion settlement with the Justice Department.

The agency's interpretation of a Respa rule could put an end to the long-standing practice of mortgage lenders paying real estate agents and homebuilders to send business their way.

The Consumer Financial Protection Bureau finalized a contentious policy Thursday allowing customers to describe their banking experiences more fully on the agency's complaint portal.

The U.S. Supreme Court Fair Labor and Standards Ruling will likely revitalize interest from the plaintiffs’ bar regarding FLSA claims against lenders, who continue to struggle with legal compliance on this issue.

From interest rate movements to new disclosures and vendor management challenges, the recent Regional Conference of Mortgage Bankers Associations touched on myriad hot-button topics the mortgage industry faces this year.

Hoping to deliver relief to Americans pounded by the financial crisis, the government has poured billions of dollars into a sort of Red Cross for homeowners.

There is no guarantee that Fannie Mae and Freddie Mac will remain profitable in the years ahead, raising the possibility of further draws from Treasury, according to a report from the Federal Housing Finance Agency's inspector general.

JPMorgan Chase & Co., the second-largest servicer of U.S. mortgages, is buying the right to handle $45 billion of home loans from Ocwen Financial Corp., according to a person familiar with the transaction.

A new book by the American Enterprise Institute's Peter Wallison reveals how a government push to lower credit standards brought about the housing crisis — and why a new effort to expand homeownership could inadvertently set the stage for a fresh disaster.