Compliance & Regulation

House Financial Services Committee chair Jeb Hensarling claims the first Consumer Financial Protection Bureau director’s appointment is invalid.

Regulatory oversight continues to be a top issue facing the origination industry in industry recruiting firm Hammerhouse’s latest annual survey of active participants in that market.

Oregon District Judge Michael W. Mosman sentenced Tu Ngoc Tran of Portland to 63 months in prison following his conviction in a jury trial on drug and mortgage fraud charges.

ISGN Corp. and TruPoint Partners have partnered to develop a “mock audit” to help lenders prepare for a Consumer Financial Protection Bureau examination.

The proposed move could result in downgrades for about 1,200 residential mortgage-backed securities.

The Department of Housing and Urban Development is renewing its efforts to get Congress to pass legislation that will give the Federal Housing Administration additional enforcement powers.

Fitch is registering some concern about what it describes as a “very rapid rise” in the number of U.S. large-loan commercial mortgage-backed securities deals in recent months.

The National Association of Insurance Commissioners’ recently proposed additional changes to its residential/commercial mortgage-backed securities valuation method could have a particularly notable impact on alternative-A credit fixed-rate and subprime securities.

A former employee of a New Jersey timeshare consulting firm has pleaded guilty to separate mortgage and unemployment scams.

Housing counseling agencies have long been known for their ability to provide solid advice on alternatives, rental options, credit repairs and a range of other topics, including reverse mortgages.