Compliance & Regulation

The Lasting Impact Award honors an individual, group or company responsible for a technology initiative or development proven to have an enduring influence that's transformed mortgage finance. Learn about this year's finalists and see who won the 2014 MT Award.

The Justice Department is aiming to settle a probe into Morgan Stanley's subprime mortgage business by early 2015.

Incentives for companies aren't the same as incentives for people. The QRM risk-retention rule doesn't solve "IBG, YBG" — "I'll be gone, you'll be gone." Banks appear to have been slow to adopt clawback policies for individual lenders.

Borrowers who are being sued by lenders over the money owed on foreclosed mortgages are making novel use of the Fair Debt Collection Practices Act. They argue that they cannot be sued if they live in a state different from the one where the property is located.

After 2014's sweeping reforms, which put huge strain on lenders' operations, 2015 may not look so bad. But big potential changes still loom

The Lenders' Choice Award commends the technology provider that offers the best customer service, value proposition and overall user experience. The winner is selected by a vote of industry professionals from mortgage lending and servicing institutions. Learn about this year's finalists and see who won the 2014 MT Award.

The guarantee fees collected by Fannie Mae and Freddie Mac could be used as a tool to moderate the boom and bust cycles in the housing market, according to a new report by a Treasury Department office.

Social media broadly distributes information to users of financial services, yet also creates a new sphere for potential compliance risks, especially for servicers.

Experian will now offer FICO credit scores through its direct-to-consumer products, the Costa Mesa, Calif.-based credit bureau announced today.

Data Facts Inc., a mortgage credit report and verification services provider based in Cordova, Tenn., has adopted AccountChek, a deposit verification service provided by FormFree.