Compliance & Regulation

What might work better would be clarifying guidance on mortgage insurance premium rules, the meaning of bona fide discount points, and the rules for affiliate compensation.

Lenders do not necessarily have to work with AMCs. However, in reviewing all they take on and manage, it is clear where the benefit of an external partner comes into play.

A roundup of comments on our Editor at Large blog, from the best and brightest to the not-so-bright.

It looks like average credit scores have fallen, but only if you examine GSE and FHA originations separately, the think tank's researchers say. When they are combined, the average holds steady.

Yes, subprime lending is picking up. But industry experts believe regulatory reform and new documentation requirements will prevent bubble-era style risk layering from re-emerging.

Satisfying the nine pillars of servicing standards which took effect earlier this year has increased complexity—forcing banks to reassess systems, processes and policies.

Deutsche Bank AG lost its challenge to a California court ruling that exposes bank trustees to wrongful-eviction claims it says will depress prices in foreclosure sales and spur lawsuits against unsuspecting homebuyers.

The Consumer Financial Protection Bureau proposed several changes to its biggest mortgage rules on Wednesday which would effectively allow lenders to get more loans defined as "qualified mortgages."

Seven of the largest mortgage servicers say they have trimmed an average of $614 off monthly payments on over 16,000 loans as part of foreclosure prevention required by a regulatory settlement.

Texas, a big market for reverse mortgages, has approved a variation of the product that taps the equity in a senior's home to pay for a new, often smaller, dwelling.