Compliance & Regulation

The regulator's Office of the Inspector General says it should have issued formal guidance to Fannie and Freddie over their dealings with the MIs.

GoLoansOnline.com, a Houston-based mortgage lead generator, will pay $225,000 to settle Federal Trade Commission charges that it deceived consumers about the terms of their loans.

The government-sponsored enterprises remain profitable, but executives are raising fresh concerns about their ability to withstand a recession because of restrictions on raising capital.

Proposed reforms for Freddie Mac and Fannie Mae seem to be bogged down in the House and Senate. It might be time for legislators to start thinking about different solutions.

Fannie Mae and Freddie Mac will pay the U.S. Treasury Department a combined $10.2 billion by June 30, an amount reflecting the profits the U.S.-owned mortgage financiers reported for the first quarter.

A New York mortgage banker and five others were indicted for their alleged roles in a $30 million property flipping scheme that defrauded lenders, investors and secondary market participants.

Most of what I've been visiting with you about in this series has been about conversion, since I expect it to be the word of the year for 2014.

Mortgage debt held by the elderly has soared over the past decade, driven in part by the foreclosure crisis, the Consumer Financial Protection Bureau said in a report.

Lenders are touting these loans to independent originators as an alternative way to make money in a new regulatory environment where the qualified mortgage rule caps salespeople's pay.

The chief operating officer of the Federal Housing Finance Agency is facing a felony charge for threatening to kill the agency’s former top official, according to Washington, D.C. police and Superior Court records.