Compliance & Regulation

The residential finance industry is facing implementation of a whole new regulatory regime.

Lawsuits by the Federal Housing Finance Agency that charge Bank of America, Citigroup, HSBC and Credit Suisse with wrongdoing in the sale of securities backed by residential mortgages may advance.

The REO market has seen its share of scams throughout the recent years, including a current one affecting renters looking for a great deal on the internet.

In the months ahead the future of the mortgage industry will be decided by federal agencies under the purview of President Obama.

A new Treasury blueprint on what to do with Fannie Mae and Freddie Mac appears to be on hold and may not see the light of day until secretary Tim Geithner leaves the agency sometime early next year.

The Financial Institution Reform Recovery and Enforcement Act contains a whistleblower provision that is creating greater levels of concern amongst banks.

Review your advertising in all media, including social media now, or you could receive this letter.

The president of the Mortgage Bankers Association said the industry is asking Congress to reconsider the approach of using guarantee fees for anything other than their intended purpose.

It’s at least the second time in less than four months that the Securities and Exchange Commission has dropped an investigation into the marketing of mortgage-backed securities by a large U.S. bank.

One part of the commercial mortgage-backed securities market to watch closely for changing dynamics and hidden risk or opportunity is the retail sector.