Compliance & Regulation

Despite regulatory constraints on servicing transfers that affect large players, increased compliance costs and capital ratio requirements are a bigger burden for smaller servicers to bear.

Another important concern when it comes to the safety of borrowers' home loan information is physical location. There have been many physical loan files stolen, as well as computers.

Residential mortgage originator PrimeLending has entered into a new business relationship with LifeLock, a provider of identity theft protection services.

A plea for the Federal Housing Administration official to finish clarifying the rights of spouses unnamed on Home Equity Conversion Mortgages before she leaves office.

HSBC Holdings Plc will pay $550 million to resolve accusations of misconduct in its handling of mortgage securities that saddled taxpayers with losses after the financial crisis.

Nope, it's not more money, at least not directly. The key to hiring a good loan officer, or retaining one, is said to be showing that your mortgage shop can close loans on time, act professionally and protect employees' reputations in the market.

FirstBank Mortgage Partners in Jackson, Tenn., has agreed to pay $35,000 to settle allegations that it violated the Fair Housing Act by denying a mortgage loan to an applicant on maternity leave.

Mortgage real estate investment trusts are an important source of private capital for the housing market and appear to be aligned with the mission of the Federal Home Loan Banks, according to a top advisor to Treasury Secretary Jack Lew.

Community bankers are launching a last-ditch effort to push the Senate this year to pass more than a dozen bipartisan regulatory relief bills that have already cleared the House with support from both parties.

National Credit Union Administration board member Rick Metsger said a Federal Housing Finance Agency proposal to restrict Federal Home Loan Bank membership could give banks an unfair advantage over some smaller credit unions.