Compliance & Regulation

MetLife said it may face fines amid a government review of foreclosures at its bank unit.

Fannie Mae and Freddie Mac, which policymakers are trying to unwind, have operated with explicit affordable housing goals for more than 20 years.

Over the past few months, Fannie has raised the prices it pays to community-based lenders for mortgage loans.

Freddie purchased $50.3 billion in participation certificates during the first six months of 2013, compared to $15.6 billion in the same period in 2012.

The loan reviews will make sure lenders adhere to FHA origination practices and ensure the Federal Housing Administration is compensated for “defects in the lender manufacturing process.”

As opinionated as ever, the Mortgage Grapevine has several posters giving their opinions of the president’s remarks.

Passport Capital sold its entire portfolio of mortgage debt backed by the U.S. government in the second quarter.

More than four years after the federal government took control of Fannie Mae and Freddie Mac, lawmakers are finally making progress on housing finance reform.

President Obama ended his administration's self-imposed blackout regarding housing finance reform on Tuesday, finally endorsing a specific approach after effectively punting on the issue more than two years ago.