Compliance & Regulation

Richard Cordray, the Consumer Financial Protection Bureau's normally unflappable director, reacted angrily Tuesday to suggestions by lawmakers that he and his agency do not care about borrowers who purchase manufactured housing.

President Obama hit on several important issues for bankers in his annual address to Congress Tuesday night, including mortgage finance reform, though as expected financial services issues largely took a backseat to other national concerns, like unemployment and the minimum wage.

Many are automating initial disclosures and using technology to standardize companies' takes on compliance until industrywide standards evolve. Interest in electronically archiving the rationale behind data changes also is growing.

Senate supporters want to pass the measure that would block unaffordable premium hikes.

The partnership supports Cenlar's efforts to organically integrate new features and update internal systems to comply with customer protection laws that came into effect in 2014.

James Webb promised investors "quick, large and safe financial gains" by investing money with him to purchase, renovate and resell properties to first-time homebuyers for approximately $65,000 each.

Sales of bonds tied to commercial property loans doubled to $80 billion last year, and are poised to reach $100 billion this year.

The criminal and civil investigation arose in late 2011 when the investment bank terminated a mortgage-backed securities trader who was indicted in January of last year.

Mortgage, title and real estate firms might seem as if they are guarded against cybercrimes, in comparison to credit card companies, but they are not, according to a financial services technology expert.

The chamber votes overwhelmingly to delay premium increases.