Compliance & Regulation

Key Community Bank's E.J. Burke reflects on the highs and lows of his term as chairman of the Mortgage Bankers Association.

The Connecticut Housing Finance Authority plans its fourth issuance of the calendar year, a $158 million sale of housing mortgage finance program bonds.

Hard money lenders fear New York watchdog Benjamin Lawsky's investigation into their industry could make the public mistakenly think their business primarily involves making loans designed to fail to homeowners who occupy properties.

To avoid claims of unfair or deceptive acts or practices it is incumbent upon lenders to adopt practices that are unlikely to mislead, regardless of whether the misunderstanding is intentional.

WASHINGTON — Dean Schultz, the long-time head of the Federal Home Loan Bank of San Francisco, is planning to retire next spring once his successor has been appointed, the bank said Friday.

Generation Mortgage Co. is exiting the Home Equity Conversion Mortgage origination business, but will continue to service reverse mortgages.

Although the case ostensibly turns on whether loan officers should be paid for overtime, the high court is focused on whether government agencies have the right to substantially change regulations without seeking public comment.

The U.S. attorney's office for the Middle District of Pennsylvania indicted Susan Kevra-Shiner with seven counts of mail fraud relating to a title company she owned known as GK Abstract Co.

Officials want to remove the risk that questions about a dealer’s liquidity could lead to wholesale dumping of assets. Treasuries and mortgage securities represent about 85% of daily repo transactions

It's not been a stellar year for mortgage lending, with national origination volumes expected to end 2014 down by one-third or more.