Compliance & Regulation

With less than three weeks to go before new financial assessments for reverse mortgages became mandatory, the Federal Housing Administration announced Thursday that it will delay their effective date due to technical issues.

Just three years ago, CEO David Nelms heralded the purchase of LendingTree Loans as a milestone in Discover's evolution from a strict credit-card company to a broad-based consumer lender. Now he is hinting that it might exit the mortgage business.

For over a third of millennials, first comes home then comes marriage, according to a recent study.

Bank repossessions increased in January across South Florida, a welcome sign that more distressed properties are clearing a crowded court system, a new report shows.

About 1,000 servicemembers are eligible to receive more than $123 million from five mortgage service companies as compensation for unlawful home foreclosures, the Justice Department announced.

Buying a home in California became slightly more within reach in the last quarter of 2014 compared with the quarter prior, but affordability fell overall year-to-year.

Amid a growing investor appetite for risk, efforts to standardize private-label securities are key to helping ensure the market's healthy return.

Emphasizing the good factors of TILA-RESPA is an important part of ensuring the project team is sending the right message throughout the company.

WASHINGTON — The Consumer Financial Protection Bureau took action Thursday against three mortgage companies that, authorities say, falsely implied affiliation with the U.S. government.

Mayor Mike Duggan said that he is working with major investors to create a home-lending program to make it easier for Detroit homeowners to get mortgage-type loans to buy houses.