Compliance & Regulation

While the new regulations implemented by the Consumer Financial Protection Bureau are designed to apply primarily to big banks and loan servicers, the regulatory environment for small and community banks will also be transformed.

Mortgage-backed securities performance has in some cases gotten a lift from regional home price recoveries, but the increases are likely to slow or dissipate going forward.

Score a win for the private market, as higher GSE prices make nonagency mortgages more attractive to investors.

The governor of New York and the Department of Financial Services have issued proposed regulations to assist homeowners who are underwater.

The Release of the Year Award recognizes a new software, platform, alliance or initiative that’s expected to have the broadest future impact on the mortgage industry. Learn about this year's finalists and see who won the 2013 MT Award.

Under the agreement Flagstar Bancorp will sell $41 billion in aggregate unpaid principal balance of residential mortgage servicing rights to Matrix Financial Services, a wholly owned subsidiary of Two Harbors Investment.

Ocwen will spend the money on “principal forgiveness modification programs” for borrowers who are behind on payments or whose homes are worth less than they owe.

Consumers can select the underwriter of their choice, as long as the lender approves.

The average rate for 30-year mortgages is only five basis points higher compared to Freddie Mac’s previous survey week. A year ago it was more than 1% lower.

Sen. Barbara Boxer, D-Calif., wrote the Internal Revenue Services in August asking how they will treat California short sales after the expiration of the Mortgage Forgiveness Debt Relief Act.