Compliance & Regulation

San Antonio Mayor Julian Castro is in line to head the Department of Housing and Urban Development, part of an administration reshuffling that would bring a Democratic up-and-comer to President Obama's cabinet.

Genworth Financial announced Thursday that its Australian mortgage insurance business will raise about $535 million in an initial public offering.

The right use of technology will allow the originator to be the first responder to an inquiry.

The normally even-keeled moderate Sen. Mark Warner warned fellow Democrats voting against a housing finance reform that when Fannie and Freddie need another taxpayer bailout, it will be their fault.

Democratic lawmakers on the Senate Banking Committee sounded off against bipartisan legislation to overhaul the mortgage finance system on Thursday, opposition that likely all but ruins the bill's chances of making it to the chamber floor this year.

Buyers still exist for mortgage platforms. The problem is that the gap in pricing expectations for buyers and sellers has widened since refinance activity stalled last summer.

As the market slows for post-downturn, private-label, residential mortgage-backed securities—known as RMBS 2.0—an industry group thinks it's time to start preparing for version 3.0.

The Senate Banking Committee passed major legislation to overhaul the housing finance system on Thursday.

Some words of advice to pass on to your referral sources and clients about the post-underwriting checks now in place.

The dim prospects for Congress doing anything to overhaul the system dominated by Fannie Mae and Freddie Mac leaves a host of big questions about what happens to the mortgage sector going forward.