Compliance & Regulation

Issuers in the reviving market for U.S. mortgage securities are creating debt with features not seen since before the financial crisis that can increase risks for certain investors.

The effort, which starts today, could help boost the flagging refinancing boom in the U.S.

This technology takes the full appraisal report and looks for red flags for the mortgage underwriter to follow up on.

FirstREX said it has been offering the financing for up to half the downpayment on purchase loans in combination with RPM Mortgage.

We're hearing the mortgage industry is looking favorably on the latest Federal Reserve Board easing plan.

Federal Reserve Bank of Kansas City president Esther George said the central bank missed an opportunity to begin reducing bond purchases because markets were primed for such a move.

Moody’s Investor Service is considering changing the way it rates covered bonds to take into account the additional support they would receive in the event of a bank failure.

Fair lending seeks to answer the question of whether a person was treated differently based upon a protected characteristic.

The California Association of Realtors expressed dissatisfaction that the California Assembly Appropriations Committee failed to sign Senate Bill 30 before leaving for adjournment at the beginning of this month.

The Boston City Council unanimously passed a bill aimed at improving banking practices in low- and moderate-income neighborhoods, including those related to mortgage lending and foreclosure prevention.