Compliance & Regulation

Delays in software upgrades are forcing many small banks to play a waiting game when it comes to complying with new regulation.

The country's largest trade group is challenging possible plans by the Federal Housing Finance Agency to arbitrarily lower the conforming loan limit in an attempt to bring private capital back to the mortgage market.

The governor of Maine has lifted a two-year moratorium on the sale of mortgage revenue bonds.

The Federal Reserve unexpectedly refrained from reducing the $85 billion pace of monthly bond buying, saying it needs to see more signs of lasting improvement in the economy.

U.S. mortgage lending increased by 38% in 2012, driven by refinancings.

The man who operated one of the largest bank frauds in Virginia’s history that affected borrowers, employees, investors and the nearby community has been sentenced to 17 years in federal prison.

Among the challenges in disbursing recovery funds efficiently in the wake of Hurricane Sandy have been multiple lender insurance policies.

Fannie Mae overpaid its servicers by roughly $89 million last year due to errors made during a manual review by a third-party vendor.

For the first time ever, the GSEs are creating formal programs to flag defective loans and assess risks in lenders' mortgage processes.

We're hearing that in the wake of the rate volatility seen this year, technology advances have made pipeline risk easier to manage when it comes to placing loans in the secondary market.