Compliance & Regulation

Originators can't divide annual income by 12 to see if the borrower qualifies for a loan.

Mortgage firms are in fight or flight mode as they plan either to comply to an avalanche of new regs or be acquired by other companies.

Freddie’s second sale of notes tied to the risk of homeowner defaults came in at a lower cost than in its initial offering, according to one source familiar with it.

The company is putting mortgages in the “rearview mirror,” according to its top executive.

Federal agencies are pursing some of the largest U.S. lenders for claims tied to faulty underwriting and bias on home loans.

Reserves covered Wells’ payment and the bank is making some progress when it comes to reducing its potential legal expenses.

Congressmen want FHFA to preserve Fannie and Freddie's role in MF lending.

Automation can patch holes currently being "spackled" by humans, freeing them up for better use elsewhere.

Blackstone’s Invitation Homes borrowed more through the deal relative to the value of the houses serving as collateral for the bonds than recent residential-mortgage securities.

The directive bars banks that do business with Fannie and Freddie from receiving commissions from insurers, but still lets insurers provide services for free or at a reduced cost.