Compliance & Regulation

Flagstar Bancorp will pay $105 million to settle allegations it misrepresented the quality of loans backing securities insured by Assured Guaranty.

After five years in conservatorship, Fannie Mae and Freddie Mac still use separate automated underwriting systems with different credit standards.

Federal Reserve chairman Ben Bernanke has given a little bit more guidance on where the Fed is headed with its plans for unwinding mortgage-backed securities purchases.

We're hearing more and more cities are flirting with the use of eminent domain to condemn mortgages and that is going to cause a lot of trouble for the HUD secretary.

The Federal Deposit Insurance Corp. has charged nine former directors of Southern Community Bank in Fayetteville, Ga., with approving risky loans that later led to its collapse in 2009.

Juan Velez, 60, of Waterford, Conn., pleaded guilty Friday to one count of bank fraud stemming from a mortgage fraud scheme.

A U.S. House subcommittee has approved an appropriations bill that includes cuts to federal spending for public housing and transit.

Amherst Securities Group has brought on UBS veteran Chris McDowell as part of an effort to expand its commercial real estate finance business.

Moody’s Investors Service has put on review for downgrade 1,079 tranches from 299 shifting interest/pro-rata U.S. residential mortgage-backed securities transactions that are reaching or getting closer to the end of their terms.

The coming week could be an important milestone in the march toward GSE reform as the White House comes under pressure to reveal its approach to winding down Fannie Mae and Freddie Mac.