Compliance & Regulation

A new version of a rule requiring lenders to keep a stake in risky mortgages that they securitize will be proposed by U.S. regulators in the last week of August.

Quality Mortgage Services is offering a tool mortgage banks can use to comply with a new Fannie Mae requirement.

FirstREX has hired Don Shewmaker as the new director of operations and Jim McGuire as sales director.

The Appraisal Institute said just 9% of residential appraisers will add full-time trainees in the next one to two years.

The Department of Veterans Affairs is working on a qualified mortgage rule to prevent any disruption to the VA home loan guarantee program.

Freddie Mac has priced its new 0.875% three-year Reference Notes security due on Oct. 14, 2016 at 99.985 to yield 0.88%.

Many coastal real estate markets are facing a wave of rising flood insurance costs that some fear could collapse property value and drive a new wave of foreclosures.

House Financial Services Committee chairman Jeb Hensarling is preparing to bring his housing finance reform bill to the House floor for a vote this fall.

Syncora Guarantee’s lawsuit accusing JPMorgan Chase unit Bear Stearns of making false and misleading statements connected with a mortgage-backed securities transaction was dismissed on appeal.