Compliance & Regulation

As the last day of hearings on the $8.5 billion Countrywide settlement closed without a conclusion, analysts warned investors’ wait for payouts could be much longer.

Credit unions should see the “opportunity in the challenge” offered by the new mortgage rules from the Consumer Financial Protection Bureau.

At 4.32%, the weekly survey average for the 30-year rate is the lowest it has been since the week ending July 25, according to Freddie Mac.

Fannie Mae, preparing its first sale of securities that would share the risks of homeowner defaults with bondholders, will offer better terms than in Freddie Mac’s initial deal.

Sometimes the best buyers turn out to be sellers.

Forecasting the future of Fannie Mae and Freddie Mac is always a tricky business.

Battered by defaults on loans it insures, the Federal Housing Administration is expected to tap the Treasury Department for $1 billion to $1.5 billion to plug a budget shortfall.

The Department of Housing and Urban Development has awarded $38.3 million in grants to fair housing organizations.

You’d need a Shakespeare to do justice to the struggle over LO compensation.