Compliance & Regulation

Some of the country’s most distressed neighborhoods will benefit from a new round of federal funding that simultaneously promotes community redevelopment planning and transformation through housing, services and job creation.

The company was sued by a borrower over allegations of not properly disclosing payment option adjustable rate mortgages.

News that the Fed decided to continue the quantitative easing asset purchase program has left real estate investment trusts worrying about the future of the mortgage REIT market.

The bank is setting people up with NextJob’s Homeowner Reemployment Program.

Tim Howard, dismissed with former CEO Franklin Raines in late 2004, claims in a new book, "The Mortgage Wars," that the GSE was quite healthy—but was the victim of vicious attacks by a banking lobbyist group and regulators.

The insurer underwrites all of its policies and therefore can offer relief in less than 36 months.

Health care isn’t the only troubling national insurance issue, as anyone with a mortgage near a waterfront already knows. So is flood insurance.

The good news is that the recovery in home prices seen in much of the U.S. is real and, we believe, sustainable. But we are far from finished building a strong foundation for a full recovery in housing markets, especially home finance.

The move will lead to a 10% reduction in volume for this funding source.

The government argued earlier that, given the egregiousness of the fraud, the bank should pay the maximum penalty of $863 million.