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The qualified residential mortgage rule that determines which privately issued mortgages are subject to risk retention has been on the regulatory backburner for months and may even be repealed.
October 11
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The Federal Trade Commission is continuing a government crackdown on mortgage relief scams, filing three new lawsuits in different states this week.
October 11
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The Mortgage Bankers Association informed the Consumer Financial Protection Bureau that it has serious concerns about changes the agency might make to current servicing regulations and is asking that smaller firms be exempt from certain rules.
October 10 -
Residential Capital asked a court to reconsider its proposal to pay bonuses of as much as $7 million to 17 senior executives.
October 10 -
Will President Obama make a political issue of the mortgage interest deduction?
October 10
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Greenfield Partners started a business providing European commercial real estate loan servicing in partnership with Raith Capital Partners.
October 10 -
The Financial Crimes Enforcement Network said that through June, financial institutions filed 2,360 foreclosure rescue related suspicious activity reports.
October 10
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H&R Block may abandon its status as a savings and loan holding company as a result of impending new capital rules.
October 10 -
The Justice Department's FHA-related lawsuit against Wells Fargo could cost the bank $750 million, pretax.
October 10 -
Liz Greenwood, the National Foundation for Credit Counseling 2012 Outstanding Counselor of the Year says it is an honor to help.
October 9
