Compliance & Regulation

State housing finance agencies and their mortgage programs are being affected by the federal government shutdown that is making it more difficult for lenders to verify borrowers’ income and Social Security numbers.

Richard Jungen, the founder of Central States Mortgage Co., along with three associates, was charged in a federal indictment with a scheme to defraud the CUSO’s 25 credit union investors by siphoning more than $9 million to themselves.

Because traditional credit scores can be inadequate, more and more lenders should be turning to supplemental FCRA-compliant data to paint a more accurate picture.

Regulators' plan to unite two separate mortgage standards mandated by the Dodd-Frank Act is deepening the focus on the Consumer Financial Protection Bureau's ever-expanding role in the mortgage sphere.

The risky loans that helped cause the U.K.’s real estate crash are making a comeback as cash buyers from abroad limit lending opportunities in London and banks instead venture into the weakest markets.

Fannie Mae’s inaugural risk transfer transaction is in the pipeline, according to Fitch Ratings, which has issued a presale report on it.

We're hearing that consumers love the concept of homeownership but when it comes to finding a place to live they end up renting.

Major lenders are relaxing their policies with respect to buying loans from their correspondent lenders during the government shutdown.

Email and other data held by Wall Street’s largest due diligence firm may determine how many cases the government brings against banks and other entities for actions leading to the financial crisis.

Sen. Bob Corker said he would resist attempts to weaken a 10% private capital requirement for the GSEs in his bill.