Compliance & Regulation

Federal Reserve Gov. Sarah Bloom Raskin said the loss of equity in homes during the recession was especially damaging to low-income and minority neighborhoods.

The midsize New York mortgage lender and the West Coast bank created to house the IndyMac assets are worlds apart in many ways, but their rumored deal is strange enough to work, experts say.

The bipartisan bill would prohibit Congress from raising GSE guarantee fees to offset other government spending.

Some members of the House Financial Services Committee are concerned the qualified residential mortgage and Basel III capital proposed rules could curtain the recovery of the private mortgage insurance industry.

Chairman and CEO Doug Lebda said the mortgage business performed particularly well in the fourth quarter.

Homeowners who were victims of the severe storms, tornadoes and flooding that occurred last month in Mississippi now have full access to Freddie Mac’s mortgage relief policies.

LoanSafeMods.com is offering a new tool designed to facilitate decision making for borrowers looking at foreclosure alternative options.

Joshua Rosner, co-author of a book detailing Fannie Mae’s role in the housing crisis, said he sees parallels between the failed mortgage finance giant and the strategies JPMorgan Chase & Co. uses to win government and investor confidence.

As the housing crisis winds down a shortage of mortgage banking executive talent that had been building up for a decade is reaching its peak.

Default attorneys discussed why foreclosure delays are so problematic in not only judicial states, but nonjudicial states, too