Compliance & Regulation

The Department of Housing and Urban Development is charging a lender and mortgage broker with allegedly discriminating against a couple with disabilities who were attempting to refinance.

When it comes to the securitized commercial mortgage market there were already worries about credit standards slipping before rates started to rise.

Many lenders believe that the key to a compliant marketing services agreement is the proper formation of such a relationship. While the importance of a proper monetary valuation and appropriate contract cannot be understated, the mistake many lenders make is to focus exclusively on these issues.

Bankers and other lenders are strongly urging the Consumer Financial Protection Bureau to delay implementation of its qualified mortgage and other pending rules.

According to the National Association for the Advancement of Colored People, “the Corker-Warner bill is a threat” to the American middle-class regardless of race.

Analysts find fewer short sales and more loan modifications have contributed to a steady decline in distressed inventory nationwide while the liquidation rate has slowed down even further.

CFPB ISSUES UPDATED RULES ON TILA AND RESPA; READ, LEARN AND STAY OUT OF THE CFPB TARGET ZONE

BB&T's original capital plan was rejected in March, based on a "qualitative assessment."

Investors believed that their investments were secured by real estate and promised 40% annual returns.

Fed policy makers have pledged to maintain $85 billion in monthly buying until the job market improves substantially.