Compliance & Regulation

The Obama administration thinks you can have your MBS cake and eat it, too, but some on Wall Street are not so sure.

The Consumer Financial Protection Bureau has until Jan. 21, 2013 to announce six prominent Dodd-Frank Act rule changes.

For the fourth-quarter Redfin survey, 71% responded affirmatively that they believe prices in their area will go up over the next 12 months.

Borrowers who are current on their mortgage payments and who owe at least 25% more than the value of their properties would be eligible for the program.

While we've made great strides towards recovery, the new year will not come without its own set of challenges, particularly fueled by increased regulation.

The Federal Housing Finance Agency gets credit from securitization market participants for producing profitable and viable government-sponsored enterprises.

The bill gives the Department of Housing and Urban Development and Federal Housing Administration more powers to police lenders and require indemnification for bad loans.

The future for mortgage industry education will be in interactive automated learning.

As we approach the holidays and into the New Year, the actions by the CFPB and FTC should be another wake-up call regarding mortgage compliance.

The CFPB’s complaints allege that both cases illegally charged upfront fees typically ranging between $1,000 and $4,500 from each distressed homeowner for services that rarely materialized.