Compliance & Regulation

Fannie Mae and Freddie Mac will sell large amounts of their credit risk in the U.S. residential mortgage sector.

Independent originators could be shut out from offering this product as there is no secondary market.

Student loan debt has simultaneously reduced younger consumers' ability to get a mortgage and burdened their older family members, a TransUnion study shows.

Wells Fargo will pay up to $5 million to resolve allegations it discriminated against mothers on maternity leave, the largest settlement of such claims ever reached by the Department of Housing and Urban Development.

Lenders increased their origination of home equity lines of credit, or HELOCs, by 21% in the 12 months ending in June.

Real Estate Settlement Procedures Act-Truth in Lending Act reform effective next summer requires significant operational changes, but if lenders prepare now, it shouldn’t be as scary as a zombie apocalypse.

In another sign of strong demand by investors for nonperforming residential mortgages, the asset class is edging closer to more rated, public securitizations — a rarity in this largely opaque market.

Fitch Ratings issued an industrywide report Tuesday on U.S.-based commercial mortgage-backed securities. The report highlights positive signs of progress but also says the sector has, "room for improvement."

New York-based real estate investment trust Apollo Commercial Real Estate Finance has completed $190 million in investments that include the recent acquisition of a minority ownership in KBC Bank Deutschland AG.

The Mortgage Bankers Association continues to push back against regulations stemming from the financial crisis, as the industry's biggest lobbying group continues pushing for regulatory relief to bolster the housing market — and boost profits for its members.