Compliance & Regulation

Contracts need to be updated before Jan. 1 in order to legally pay this compensation.

SunTrust Banks will offer $500 million in consumer assistance and make a cash payment of $468 million as a result of an agreement with the Department of Justice and the Department of Housing and Urban Development over claims tied to faulty mortgages.

We're hearing from Des Moines where two competing real estate companies are engaged in a bitter fight for market share that includes litigation.

Slightly more than half of last year's Home Affordable Refinance Program participants had previously been turned down, loanDepot said.

Federal Reserve Bank of St. Louis president James Bullard said the government shutdown reduces the odds the Federal Open Market Committee this month will taper $85 billion in monthly bond purchases.

Interest rate concerns that forced mortgage REITs to trade at the lowest valuation during the past few years will be less of an issue going forward.

The Consumer Financial Protection Bureau has agreed to pull its enforcement attorneys out of exams with financial companies after relentless opposition from bankers to their presence.

A bipartisan group of 66 members of the House of Representatives are letting the Federal Housing Finance Agency know they don’t want to see the loan limits on Fannie Mae and Freddie Mac reduced.

JPMorgan Chase is using cheap funding from government-chartered institutions to meet new regulations designed to ensure it won’t need a taxpayer bailout in any future crisis.

Almost everyone has an opinion about how to reform Fannie and Freddie, but some housing experts say the status quo isn't so bad.