Compliance & Regulation

The inaugural International Federation of Finance Museums meeting aims to inspire innovation in the promotion of financial literacy globally and engage the media, academics, policymakers and industry participants.

The new mortgage insurance policy that went into effect June 3 raises the cost of newly originated FHA loans (with LTVs above 90%) because the insurance can no longer be canceled.

First quarter new mortgage originations increased 16% year-over-year following a trend expected to continue alongside falling loan delinquencies and price improvements.

A bipartisan bill to reform the mortgage finance system being crafted in the Senate has already drawn praise from a variety of stakeholders, but the effort is almost certain to meet strong resistance from House Republicans.

he percentage of commercial mortgage-backed securities loans paying off on their balloon date based on their balance in May slipped to 59.5% from 64.6% in April.

Deepak Narula rose to fame as manager of the best-performing hedge fund last year by navigating the government’s stimulus efforts. He’s having a harder time as the Federal Reserve moves closer to an exit.

Elizabeth Khalil, senior policy analyst—supervisory policy at the FDIC and one of the authors of the FFIEC's social media compliance rules, cleared up some common misconceptions bankers have been concerned about.

Although 19.8% of all residential properties with a mortgage still were in negative equity positions during the first quarter, this represented a decline from 21.7% at the end of the fourth quarter of 2012.

ResCap has said the payments will save it more than $3 million a month in interest costs and won’t be unfair to lower-ranking creditors because the money will go to pay senior debt.