Compliance & Regulation

Sterling Savings Bank has completed the acquisition of the Seattle-area operations of Boston Private Bank & Trust Co.

With drastic declines in foreclosure numbers, it appears the foreclosure crisis is over for at least one state: Massachusetts.

Regulatory efforts to change Community Reinvestment Act rules are far too timid, according to consumer groups.

Bank of America said New York Attorney General Eric Schneiderman has no right to take enforcement action against the bank over claims that it violated terms of a nationwide foreclosure settlement.

An investigative report on Ally Financial’s relationship with its bankrupt mortgage arm, Residential Capital, may affect settlement talks between the companies and creditors who blame Ally for $25 billion in potential claims.

The Fed’s balance sheet has taken on some of the characteristics of an old-time savings and loan association.

We're hearing that the Consumer Financial Protection Bureau will be issuing new guidance on loan officer compensation in June.

A New Jersey man faces 60 months in prison followed by three years of supervised release as well as more than $700,000 in restitution payments in the wake of his guilty plea to fraud and money laundering charges in a Lancaster, Pa., area real estate scam.

Changes to the Platinum program or a tender offer for Ginnie Mae Is are among the strategies Ginnie and stakeholders are examining the pros and cons of in trying to avoid a possible future liquidity concern due to shrinking Ginnie I volumes, a Ginnie capital markets executive told this publication.

A common refrain in Washington these days is that the Federal Housing Administration plays an outsize role in the mortgage market and should return to its traditional market share of 10% to 15%.