Compliance & Regulation

The Federal Housing Administration has issued guidance for its new “Back to Work” program that could open the door for borrowers who lost their jobs and their homes during the recession to qualify for a FHA-insured mortgage.

New large mortgage servicing rights transfers expected to be completed in the last half of 2013 indicate banks will continue to offload defaulted, high-risk loans into the hands of nonbanks.

Knowing the Consumer Financial Protection Bureau’s roadmap can help companies avoid compliance deficiencies.

Fannie and Freddie have operated under government control since their operations were seized in 2008.

Federal Reserve Bank of St. Louis President James Bullard said the current low pace of inflation wouldn’t ordinarily prompt the central bank to curtail stimulus.

The co-conspirators apparently have fled to Mexico.

The Mortgage Grapevine is discussing the news that the Obama administration exaggerated its mortgage fraud statistics.

The changes bring two pages of overlays down to just three items.

We're hearing about payday lenders running into trouble with the FTC and New York State for alleged violations of federal and state laws.