Compliance & Regulation

The Obama administration will be calling on Congress to pass legislation that will allow Fannie Mae and Freddie Mac to refinance underwater loans in private label securities.

There are questions about how the government-sponsored enterprises’ risk sharing bonds may be treated under Basel III international accounting standards that could affect bank investors’ appetite for them.

It was being a working capital lender that led Fidelity Bank into the mortgage warehouse business in the late 1980s.

Federal Reserve Bank of Dallas president Richard Fisher said the central bank is closer to slowing $85 billion in monthly bond buying and warned investors not to rely on that stimulus.

HSBC Holdings said possible damages from a lawsuit filed by a U.S. regulator over improperly sold mortgage-backed securities could cost the bank as much as $1.6 billion.

We're hearing when economic times are hardest, the mortgage industry seems to become the most generous.

President Obama is slated to make a housing policy speech in Phoenix on what can be done to boost the housing recovery and help underwater homeowners.

Dave Vida of LenderLive Network is one of many in the industry who does not see “anything too new in the loss mitigation space,” but recognizes it has been transformed by the foreclosure crisis.

AAA-rated junior classes in new commercial mortgage-backed securities transactions are getting thinner.

The desire to responsibly and successfully own a home is growing again within the hearts of families.