Compliance & Regulation

The Mortgage Bankers Association urged the Senate and House finance committees to pass the Expiring Provisions Improvement Reform and Efficiency Act, saying the bill contains "several critical provisions" for real estate financing markets and the economic recovery.

New rules should protect the FHA from losses on reverse mortgages and make prepayments more predictable for bond investors, but they also slow the production of loans available for securitization.

As the real estate market continues to recover, regulatory pressures are pushing mortgage executives to place consumers and their interests front and center in mortgage transactions.

Secondary market agency won't securitize fixed-rate Home Equity Conversion Mortgages that feature a line of credit.

Charlie Keating, who died Tuesday, epitomized an era today's mortgage lenders would do well to remember as low-yielding portfolio assets tempt them to take bigger risks.

Barriers exist to full-blown recovery in the housing market. Structural barriers. Economic barriers. Regulatory barriers. The list is endless.

Charles H. Keating, whose leadership of a California savings and loan made him the face of a banking crisis and a millstone around the politicians who tried to help him, has died. He was 90.

A Pennsylvania man has been sentenced to nearly six years in prison and must pay $9.2 million for his role in mortgage and bank fraud schemes.

Company says it it found no evidence of a data breach and that borrowers' personal data "remain secure."

Rep. Maxine Waters' plan to overhaul the mortgage finance market may be dead-on-arrival in the House, but it is still likely to help determine the fate of a separate Senate bill seen as the leading congressional attempt to enact reform.