Compliance & Regulation

Long-term rate-indicators dipped lower at the outset Thursday as a federal budget impasse that had put upward pressure on rates ended.

The economic recovery faces a challenge in January when new mortgage rules threaten to derail credit to prospective borrowers with blemished credit, industry insiders warn.

Investors want to permanently quash Richmond’s plans.

Another bank is right-sizing its residential mortgage lending unit as volumes drop.

Currently, two trends present significant challenges to the mortgage servicing industry unlike anything seen in recent history: longer foreclosure timelines and increasing regulatory scrutiny.

Residential and commercial real estate should benefit from improved conditions in the next couple of years.

A tiered compensation plan designed for a refinance market may not work well when purchases are the norm.

The credit union has agreed to dismiss claims that Barclays filled the CDO with junk, hastening the demise of the one-time $2.4 billion credit union.

Rising interest rates and the budget battle in Washington are discouraging builders.

There may not be any more Fannie Mae risk-sharing deals until next year, when its regulator sets more goals for this.