Compliance & Regulation

The Senate Banking Committee is moving forward with a plan to overhaul the housing finance system, but leaders still face a delicate balancing act in swaying some liberal members of the panel to sign on to the bipartisan effort without losing conservative supporters.

Industry groups back bill that requires FEMA to conduct affordability study.

Edward DeMarco still mum on his plans but some expect he will leave the FHFA after the transition.

Loan brokers dominated purchase lending more than a decade ago when it last represented the majority of the U.S. mortgage market. Credit unions could take their place this time around.

Thomas H. Lee Partners owns 35% of each of Black Knight’s operating units.

Recent Consumer Financial Protection Bureau actions suggest the agency is poised to utilize the ambiguous Unfair Deceptive Acts and Practices standards to the fullest extent.

Lawyers for the Federal Home Loan Bank of Pittsburgh said in Pennsylvania state court that they had reached an agreement, without disclosing terms of the deal.

Lawmakers are expected to forge ahead on several key initiatives in the new year, including housing finance reform—but must move quickly in the early part of 2014 before legislative action grinds to a halt ahead of the mid-term elections in November.

Borrowers have been generally in a rush to refinance during the holidays. This year, there has been no such impetus.

The financial crisis brought with it an onset of unprecedented problems that now serve as the teaching lesson of our strict regulatory environment.