Compliance & Regulation

The president signed the Reverse Mortgage Stabilization bill on Friday and now it is up to HUD to implement the changes which will significantly revamp the FHA Home Equity Conversion Mortgage program.

Everyone is saying we need to get rid of the GSEs because they represent too much risk for the taxpayers.

The two executives in their motion seek to demonstrate that “the SEC’s remaining claims have no basis in fact."

The former executive director of a New Mexico Housing Authority and her husband each pleaded guilty to one count of conspiracy charges to commit theft from programs receiving federal funds and theft of government property.

Equifax has integrated its Point in Time and Spectrum Verification Service tools into its retro income verification platform designed to enable users to reduce mortgage loan repurchase requests.

Radian Group said its unit guaranteeing home loans may need additional capital if U.S.-backed housing finance companies tighten their demands.

President Obama’s administration significantly overstated statistics from a year-long mortgage-fraud initiative, including total number of victims, their losses suffered and number of individuals criminally charged.

For the first time in five years, policymakers appear to have a significant opportunity to enact broad housing finance reform.

Refinancings have fallen off the cliff and the mortgage industry is bracing for a decline in originations.