Compliance & Regulation

Standard & Poor's raised the Chicago Housing Authority's issuer credit rating one notch to AA following criteria changes.

He calls the law tightening oversight of Wall Street among the most “harmful our capital markets have seen,” while she has compared bankers to gangsters.

Even before the Consumer Financial Protection Bureau comes out with rules this week to address servicing failures, the National Consumer Law Centerat is crying foul.

A recent DC Circuit Court decision granting “standing” to surviving non-borrowing-spouses who sued HUD is an opportunity for HUD to solve this festering legacy legal, financial, and reputational problem.

The Federal Housing Finance Agency will have a new deputy director who left the FDIC to head its division of housing mission and goals.

First and second mortgage default rates were “the principal culprits” to an eight basis point monthly increase of the December 2012 National Consumer Credit Default Indices.

The Federal Deposit Insurance Corp. has approved a final rule that imposes new appraisal requirements on lenders in mortgage transactions where the homebuyer is being charged a higher-than-normal mortgage rate.

TreppPort is delivered as software as a service, available to clients over the Web.

The final Consumer Financial Protection Bureau rule about high-cost FHA loans regulated by Dodd-Frank also implements homeownership counseling-related requirements.