Compliance & Regulation

Higher home prices that are currently soaring in many parts of Florida have increased affordable housing demand pressing developers to take advantage of available resources.

Kansas City Federal Reserve Bank president Esther George called for tapering the Fed’s $85 billion in monthly bond buying at its Sept. 17-18 meeting while cautioning that such reductions may prompt market volatility.

Iberiabank said that it will acquire six branches from Synovus, along with $131 million in loans and $205 million in deposits.

Today, the five-year anniversary of the seizure of Fannie Mae and Freddie Mac, seems like a good time to assess the Dodd-Frank Act.

Bank of America can't be sued by unified groups of homeowners in different states over its failure to modify mortgages.

Mortgage lender Quicken Loans is “betting big” on the city by entering into a multiyear partnership with the Detroit Lions football team.

Performance expectations for peak vintage mortgage loans securitized between 2005 and 2008 are mixed as losses may range from a low of 2.1% to a high of 25.5%.

Federal Reserve Bank of Chicago President Charles Evans said the Fed shouldn’t taper its $85 billion in monthly bond buying until inflation and economic growth pick up.

U.S. regulators will ratchet up enforcement penalties if banks keep making compliance mistakes that have cost them more than $100 billion in legal bills in recent years.

The Department of Housing and Urban Development has redesigned its reverse mortgage program to reduce losses and ensure seniors keep some of their home equity in reserve.