Compliance & Regulation

A lower court “erred” when it sided with Fannie Mae and Freddie Mac’s investors, the Justice Department said in its petition to the high court.

Home lenders will benefit from elevated refinance activity through the first half of next year, but volume may then fall off quickly, according the Mortgage Bankers Association's latest forecast.

The Mortgage Bankers Association's annual convention rolled through Austin, Texas, this year, leaving behind important announcements and implications for the future of the mortgage industry.

As tenant advocates press for even more restrictive rules for rents and capital improvements to support asset values, look for the flow of investment into multifamily real estate to dwindle.

The average number of attempts to defraud mortgage companies each month increased by 42% this year and hit the smallest businesses hardest, according to LexisNexis Risk Solutions.

When it comes to possible new competitors in the secondary market, the heads of the two current outlets more than welcomed the possibility of additional players in their space because of housing finance reform.

The regulator of Fannie Mae and Freddie Mac discussed steps the companies have already taken to limit their risk, as well as efforts to prevent housing market “overlap” with the FHA.

PointPredictive has rolled out IncomePASS, which uses machine learning technology to determine if the borrower's income as stated on the application is realistic.

The National Credit Union Administration has unveiled a proposal to address a federal judge's concerns that its 2016 field-of-membership overhaul could discourage lending in low-income areas.

Florida courts have held that a home seller must disclose anything about the property that could have a "substantial impact" on its value, but it's unclear if that ruling could apply or has ever been applied to flood hazards.