Compliance & Regulation

Rep. Barney Frank, the retiring lead Democrat on the House Financial Services Committee, has always been known for speaking his mind.

Third Federal Savings & Loan Association of Cleveland said regulators terminated its memorandum of understanding.

Finding good strategic partners and vendors by mortgage lenders is not just sound business strategy anymore but the law.

Hurricane Sandy’s impact on the private-label residential mortgage-backed securities market won’t be systematic and estimates for it are shrinking under closer examination.

House Republicans are seeking all HUD documents and communications regarding the fiscal year 2012 Federal Housing Administration actuarial report.

Financial institutions and their regulators have battled for years with the accounting standards entity over the proper way to move away from the pre-crisis requirement that banks set aside reserves only when a loss had already been incurred on a loan.

Prices in England and Wales slipped 0.1%, the same as November.

Affinity FCU said it has approved approximately 150 applications for a 5/5 adjustable-rate mortgage product it introduced earlier this year.

Lower yields on mortgage-backed securities haven’t led to more savings on home loans after the Fed expanded its balance sheet to an all-time high of almost $3 trillion through bond purchases.

Homeowners who buy into certain myths can actually impair their ability to save, or at least remain longer, in their homes.