Compliance & Regulation

Any validation of the property’s value must be revealed to the borrower.

The drop has boosted applications, but the consumer break on loan costs may not last.

A complaint was filed in federal court claiming CitiMortgage officials failed to apply the proper mortgage-amortization rate to loans of active-duty members of the U.S. military.

Federal investigators said traders may have conspired to rig rates or front-run the two firms in the interest-rate swaps market.

Dealing with other income when it comes to underwriting loans and proving the borrowers' ability to repay.

The grant will help rehabilitate or preserve more than 3,000 affordable housing units in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands.

Mortgage Fraud Examiners describes this program as a foreclosure rescue rip-off.

Late payments on loans have risen for the first time since early 2012, but the long-term loan performance trend remains positive.

Many welcome additional lending as a sign of a recovering economy. But some of it is being done with looser underwriting.

Industry groups are seeking a longer delay in premium increases so the Federal Emergency Management Agency can complete an affordability study.