Compliance & Regulation

We're hearing from law firm ReedSmith that the upcoming 100-mile Pennsylvania restriction on how far a mortgage originator may live from his or her office raises some questions.

A $36 million mortgage fraud scam run by Jack Coppenger in Ohio and Florida has resulted in a 10-year prison sentence.

Fannie Mae and Freddie Mac worked with more than 130,000 borrowers during the first quarter to help troubled borrowers who were at risk of foreclosure not lose their property.

Nevada’s housing markets are recovering at a faster pace than the rest of the country, but still have a long way to go.

The National Low Income Housing Coalition has sued the Federal Housing Finance Agency for failing to fund the National Housing Trust Fund that Congress created in 2008 to finance affordable housing.

The Consumer Financial Protection Bureau is expected to tell Congress it will be carefully protecting individuals’ privacy as it builds a massive database on consumer financial behavior and on home mortgages.

Buried in the Corker-Warner reform bill are two provisions that would give the Federal Home Loan banks an opportunity to play a major role in the new housing finance system.

ISGN CEO Ritesh Idnani explains how regulatory requirements often lead to new developments in mortgage technology.

In the not-so-distant past, it was OK for the originator just to make sure the file was done correctly.

New restrictions for mortgage loan originators in the amendments include the “100 mile rule.”