Compliance & Regulation

Rising mortgage interest rates are undercutting a revival in the housing market and creating a drag on the economy.

The NFHA has decided to amend its original complaint because the ongoing investigation found five more cities that have housing discrimination characteristics which violate the Fair Housing Act.

Countrywide is alleged to have defrauded Fannie Mae and Freddie Mac out of more than $1 billion in mortgages.

Goldman Sachs Group, JPMorgan Chase and billionaire George Soros are poised for gains from a housing bet placed in the depths of the financial crisis.

Two men from Tucson, Ariz., were sentenced to federal prison for their roles in a mortgage fraud scheme that resulted in lenders losing at least $3.1 million.

Lax mortgage standards and an unhealthy amount of risk taken by financial institutions and other market participants led to an economy that was not rooted in reality.

The Consumer Financial Protection Bureau is hardly an inscrutable agency.

A CoreLogic report revealed that fraud risk among mortgage applications is down nationwide in the second quarter.

This year, the market for mortgage servicing rights has heated up and the price for these rights has increased at least one full multiple while the number of active buyers appears to have quadrupled on advertised bids.

Providing incomplete information can mean heavy fines or worse, making it crucial for mortgage companies to have proper compliance technology in place.