Compliance & Regulation

Congress passed the Housing and Economic Recovery Act in response to the severe downturn in the housing market.

A trial has resulted in a Las Vegas mortgage agent being convicted for his role in a mortgage scheme that resulted in $1.43 million in fraudulent loans.

The Consumer Financial Protection Bureau said its consumer complaint system is now taking debt collection complaints related to any consumer debt.

In the preliminary stages, lenders may not yet know what they need, much less want.

Mortgage companies could deny loan officers overtime in the wake of a U.S. appeals court ruling. But that may not be prudent.

Investors in Fannie Mae and Freddie Mac accused the U.S. of depriving them of the value of their preferred shares when it changed the terms of its takeover of the mortgage finance companies in August 2012.

Mortgage Investors Corp., St. Petersburg, Fla, received the largest fine in Federal Trade Commission history for Do Not Call list violations.

Compared to the first recovery years, full-service hotel prices are increasing at roughly the same pace as apartment prices.

REITs may have needed to sell about $30 billion of government-backed mortgage securities in just one week last month to maintain the amount of borrowing relative to their net worth.

Senate Banking Committee chairman Tim Johnson and Sen. Mike Crapo have reached an agreement on a measure to shore up the Federal Housing Administration.