Compliance & Regulation

Next year could mark the return of the first purchase-dominated mortgage market since 2000 if the Federal Reserve’s decision to reduce its bond purchases holds and current forecasts pan out.

Industry groups wanted an extension to assemble data and challenge the agency’s findings.

Once Rep. Mel Watt is sworn in, he wants time to review the hikes mandated by the current Fannie Mae, Freddie Mac regulator.

The question for most companies is do they have enough cash available to pivot to find the next opportunity.

The measure would roll back certain premium increases for up to four years.

The deal would resolve claims that Lender Processing Services falsified documents related to home seizures.

Rumors about the viability of the Columbus, Ohio-based lender have been around for several months.

Michael Flood previously was a director in Fannie Mae’s single and multifamily divisions and also oversaw Troubled Asset Relief Program assets for the White House Office of Management and Budget.

Auditors report solid improvement in the capital position of the federal mortgage insurance fund.

A hike in guarantee fees could encourage banks to retain loans they might have otherwise sold to Fannie or Freddie, but observers are skeptical that it will accomplish its true mission of jump-starting the market for private-label mortgage securitizations.