Compliance & Regulation

The National Community Reinvestment Coalition unveiled a new white paper that outlines two alternative proposals for integrating affordable housing into the larger mortgage finance reform debate.

Best practices will have big implications for the industry going forward.

The Federal Deposit Insurance Corp. has scheduled a board of directors meeting next week to act on the proposal, which is also known as the qualified mortgage rule.

Examiners from the Consumer Financial Protection Bureau discovered that some nonbank servicers don’t have effective compliance management systems to ensure they are following federal consumer protection laws.

Sen. Elizabeth Warren is pressuring the Department of Justice for more details related to payments made to the Federal Housing Administration as part of the $25 billion mortgage servicing settlement.

Treasury 10-year notes fell on Wednesday after minutes of the Federal Reserve’s July meeting showed policy makers were “broadly comfortable” with a plan to curtail bond purchases.

It is important for borrowers to shop around and find out whether an adjustable or fixed rate mortgage best fits their needs.

Five states top a new LendingTree report that analyzes the financial health of prospective borrowers ranking each state based on a 100-point scale.

As the housing market moves on the path towards recovery, mortgage fraud is a crime of economic opportunity in which scammers are still taking advantage of distressed borrowers.