Compliance & Regulation

The Department of Housing and Urban Development asked mortgage servicers and other stakeholders to respond quickly to a proposed set of foreclosure-sale policy improvements so it can finalize them soon.

Black Knight introduced a model to gauge prepayment speeds and credit risk for investors that purchase commercial mortgage-backed securities.

Equifax has released a series of bundled services aimed at helping financial institutions use data and analytics to manage tasks associated with the process of servicing mortgage loans.

Bernie Sanders’ rise to front-runner status for the Democratic nomination worries many bankers, but their opinions diverge on his electoral chances and whether a Sanders presidency would pose a direct threat.

Corporations that own California properties could soon be fined for keeping homes vacant for more than three months under a proposed law to give tenants, nonprofits and cities more say over what happens to empty buildings.

Fannie Mae and Freddie Mac are expected to retain “limited and tailored government support” after they are released from U.S. control, Treasury Secretary Steven Mnuchin said in a letter to lawmakers.

The Trump administration proposes cutting personnel and other budgetary items at the bureau, while the agency’s director — who controls the purse strings and was hand-picked by the administration — aims to boost spending and hire more employees.

Quontic has rolled out a streamlined non-qualified mortgage refinance product that will not require the borrower to provide verifications or documentation.

Finance Minister Bill Morneau is relaxing mortgage qualification rules to make it easier for homebuyers to secure financing, a move that could give Canada's real estate market another boost.

The pursuit of a dream home became a nightmare for apartment hunters who were scammed out of tens of thousands of dollars by an agent pushing a phony affordable housing scheme in Brooklyn, N.Y., authorities said.