Compliance & Regulation

The latest housing scorecard suggests compiled housing and program indicators continue to show relief is aiding recovery, and the latter is still fragile.

A judge approved Bank of America’s $2.4 billion settlement with investors who lost money as a result of its acquisition of Merrill Lynch.

Preparing for a Consumer Financial Protection Bureau exam means implementing requirements in the CFPB's 800-plus page exam guide. In other words, there is no crash course.

Stewart Title Guaranty Co. has created a Trusted Provided Program, where those agencies and attorney agents who pass the screening can show consumers a seal proving they have been vetted and verified.

A Senate Banking subcommittee will examine the role of independent consultants in the financial services industry, including Promontory Financial Group.

Hundreds of servicemembers who lost their homes due to foreclosure between 2006 and 2010 are set to recover over $39 million in monetary relief.

Mortgage bankers we spoke to recently felt there is no new bubble forming, and that what is happening is a normal correction. We hope they are right!

Golden First Mortgage Corp. and its owner, David Movtady, were sued by the U.S. for allegedly defrauding a federal mortgage insurance program.

Concerns about the integrity of foreclosed property management costs are prompting Fannie Mae and its government overseer, the Federal Housing Finance Agency, to take a hard look at the GSE's controls.

The California Department of Real Estate has issued an internal directive to start broker office surveys, which include unannounced and unscheduled visits to brokers' offices.