Compliance & Regulation

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.

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.