Compliance & Regulation

Banking regulators are paying more attention to loss mitigation and how servicers handle delinquent borrowers and the outcomes.

This represents the first time the Washington, D.C.-based agency has received funding from a state for legal assistance.

Treasury 10-year note yields traded close to the highest in 10 months on speculation Federal Reserve minutes may provide details on when the central bank plans to start trimming debt purchases.

Brookfield Residential Properties said the recovery in U.S. housing is only just starting to add to earnings.

State regulators want to work with the Consumer Financial Protection Bureau to ensure servicing transfers don’t disrupt loss mitigation efforts and harm troubled homeowners.

A bipartisan panel is preparing to release a proposal for scaling back the government role in mortgage finance that would put taxpayer dollars at risk primarily under catastrophic circumstances.

Anyone who has ever watched former Rep. Barney Frank at a hearing or give a speech knows that he is a tough act to follow.

In the 23 years I’ve been following the mortgage finance industry, many proposals have been made to scale back or even eliminate the mortgage interest deduction.

Numbers will be used as proof of lender discriminatory acts under new Department of Housing and Urban Development rule.

OneWest Bank has held informal sales talks in recent weeks with at least two potential buyers.