Compliance & Regulation

The CFPB is open about what it looks for when it examines mortgage firms.

Wells Fargo has temporarily halted loan reviews until it receives guidance from the Federal Emergency Management Agency.

No, FHA isn't broke, not yet at least, but it may need to delay writing some claim checks to avoid tapping Uncle Sam.

The Consumer Financial Protection Bureau said it will give residential lenders extra time to provide certain new disclosures required under the Dodd-Frank Act.

As a result of the housing crisis, mortgage originators have been stuck with a very limited set of products to offer their clients.

Not only is FHA hiking premiums, but it will prevent all new mortgagors (going forward) to cancel their MI policy even if the loan-to-value ratio improves during the life of the loan.

Now that President Obama has been re-elected, current Treasury secretary Tim Geithner is expected to step down.

The Department of Housing and Urban Development declared that it will announce “a series of changes” Friday that are “designed” to put the FHA fund back in a positive position “within the year.”

After hearing, lawyer found guilty of professional misconduct involving distressed borrowers.