Compliance & Regulation

Vendor says it is more than just a Roladex with marketing functions built in.

Starting next year lenders and other mortgage firms operating in California will have to include new do-not-track disclosures in their online privacy policies.

Bankruptcy trustees are warning the Consumer Financial Protection Bureau that the periodic statements servicers are required to send homeowners can conflict with the Bankruptcy Code.

The volume of appraisals being completed within the last year has slowed down due to new regulation that has been imposed for the industry.

Origination declines from higher rates earlier this year have hit some top banks’ mortgage earnings.

The Office of the Comptroller of the Currency has updated its accounting guidelines to reflect the new regulatory-capital requirements outlined in Basel III set to take effect next year.

One way the government shutdown is affecting the mortgage market is by completely paralyzing the lending of rural home loans guaranteed by the Department of Agriculture.

Fannie Mae and Freddie Mac should “at least marginally reduce loan limits” to reduce the government’s dominance of the mortgage market.

It was not that the Home Mortgage Disclosure Act inaccuracies were intentional. Rather, it was that insufficient compliance and monitoring caused them.

JPMorgan Chase reported a third-quarter drop in mortgage originations and mortgage banking income as the giant bank trimmed its origination capacity.