Compliance & Regulation

While most CU executives are worried about the new Consumer Financial Protection Bureau's new mortgage regulations, one CEO thinks those fear-inducing rules will actually present a "big opportunity" for credit unions.

A former official at Bank of America Corp.’s Countrywide unit said he went to federal authorities and filed a whistleblower lawsuit after learning the government might settle with the lender.

The Federal Housing Administration has asked the Treasury Department for a $1.7 billion bailout, but its commissioner and others say the agency does not actually need the money.

The Federal Housing Administration’s admission that it faces a budget shortfall for fiscal year 2013 and must take a draw from the U.S. Treasury is increasing pressure within Congress to pass a FHA reform bill.

Federal Reserve Bank of Kansas City president Esther George said labor-market gains warrant tapering the Fed’s bond purchases immediately and halting buying by mid-2014.

We're hearing that a government shutdown is coming and this time it could hurt the housing recovery.

The mortgage industry is looking favorably on the latest Federal Reserve Board easing plan.

Interest rates are likely to remain stable at least through January and the first quarter of next year.

The risk of income application fraud rose 13% year over year in the second quarter, according to CoreLogic's predictive scoring of fraud incidence in an estimated 2.4 million mortgage applications.

Put your energy into developing a branch manager comp plan that is compliant. The alternative is simply not worth the risk.