Compliance & Regulation

Is it too early for mortgage bankers to get excited about President Chris Christie?

Washington sources have told National Mortgage News that when the outside audit of the agency is released next week, FHA's Mutual Mortgage Insurance fund may require a bailout.

Mortgage bankers and others have been watching her race closely, fearful that Warren may continue her harsh attacks on lenders.

JPMorgan Chase will go to trial on allegations by the Federal Housing Finance Agency of wrongdoing in the sale of securities backed by residential mortgages.

The Department of Housing and Urban Development extended a 90-day moratorium on foreclosures to three counties in Rhode Island on Monday after the president declared them to be disaster areas.

Fidelity’s title insurance business alone posted pretax earnings of $210 million, up from $138 million in 3Q11.

Integra began its initiative due to the lack of inventory of single-family homes as rental property investments.

Under the OCC, a complex foreclosure review process is funneling hundreds of millions of dollars to administrators and advertisements. Critics charge that banks and homeowners would be far better served by a simpler program.

The GOP leadership has not doled out committee leadership assignments yet, but observers said they expect outspoken free market conservative Rep. Jeb Hensarling to lead the House Financial Services Committee next year.

Election or not, the fate of mortgage banking hangs in the regulatory balance.