Compliance & Regulation

National Center for Policy Analysis senior fellow Pamela Villarreal, who authored the study, calls reverse mortgages complicated and expensive.

Retail originators and mortgage brokers won’t have to count the compensation they pay their loan officers towards the 3% points and fee cap, according to the Consumer Financial Protection Bureau.

Prior to 2012 the scale of institutional involvement in acquiring single-family homes for the purpose of “rent and hold” was small to almost nonexistent. Things have certainly changed.

JPMorgan Chase named former U.S. Treasury Department official Darius Kingsley as co-general counsel of mortgage banking.

Court delays and subsequent foreclosure proceeding backlogs, often referred to as the “shadow docket,” have become a major burden on both homeowners and the judicial system.

Fitch said PHH has more-than-sufficient cushion to meet upcoming debt maturities in 2014 and 2016.

With this acquisition, Wingspan expands the size of its company to approximately 2,000 employees.

The Federal Financial Institutions Examination Council's proposed compliance rules for banks' use of social media are sweeping and broad.

With house prices climbing at the fastest pace in seven years and investors swamping the rental market, one hedge fund manager says it no longer makes sense to be a buyer.

Citigroup has agreed to settle a lawsuit by the federal government that charged the bank with misleading investors in the run-up to the mortgage meltdown.