Compliance & Regulation

The U.S. deficit is growing so large that the nation is heading toward a “bang moment,” said Barry Habib, chief market strategist for Residential Finance Corp.

Congress should consider placing a limit on the size of the largest banks to put an end to the "too big to fail" problem.

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issued mortgages are subject to risk retention has been on the regulatory backburner for months and may even be repealed.

The Federal Trade Commission is continuing a government crackdown on mortgage relief scams, filing three new lawsuits in different states this week.

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.

Residential Capital asked a court to reconsider its proposal to pay bonuses of as much as $7 million to 17 senior executives.

Will President Obama make a political issue of the mortgage interest deduction?

Greenfield Partners started a business providing European commercial real estate loan servicing in partnership with Raith Capital Partners.

The Financial Crimes Enforcement Network said that through June, financial institutions filed 2,360 foreclosure rescue related suspicious activity reports.

H&R Block may abandon its status as a savings and loan holding company as a result of impending new capital rules.