Compliance & Regulation

AllRegs has begun publishing FHA single-family policies on its publishing platform.

Fannie Mae and Freddie Mac plunged in early trading after investors including Bruce Berkowitz's Fairholme Capital Management LLC lost a legal bid yesterday to force the bailed-out companies to share profits with private shareholders.

JPMorgan Chase lost a bid to block buyers of $10 billion worth of residential mortgage-backed securities it packaged in 2007 to proceed as a group with their lawsuit alleging the bank misled them.

The rapidly changing environment in the mortgage industry requires executives to have a more comprehensive vision for executing effective change management strategies.

The risk of property valuation fraud may be on the rise, according to a report released Tuesday by Interthinx.

WASHINGTON — Loans for manufactured homes typically come with higher interest rates and fewer consumer protections than more conventional mortgages, the Consumer Financial Protection Bureau said Tuesday.

The nation's largest mortgage originator approved the de novo company for its correspondents and that led to a big increase in third quarter business.

Hispanic borrowers have been shut out of the two-year housing recovery more than other groups in California, denying them the chance to rebuild wealth through homeownership.

The DOJ wants the banks it threatens with litigation to admit accountability, pay hefty penalties and takes steps to satisfy the public thirst for payback. But the financial system would be better served if the bulk of regulation was left to the banking agencies.

BBVA Compass has hired a veteran banker to make sure that the company achieves its Community Reinvestment Act goals.