Compliance & Regulation

GOP presidential candidate Mitt Romney is open to trimming the mortgage interest deduction.

National Mortgage Insurance Corp., a new MI company, denies that it misappropriated trades secrets from the now defunct PMI Mortgage Insurance.

Roughly 10 million additional Americans might get the opportunity to refinance at today’s low mortgage rates, under two bills being promoted by HUD secretary Shaun Donovan.

Bliss Sawyer sends an update about the Rural Development program to her referral partners.

The qualified residential mortgage rule will determine which single-family loans are exempt from risk retention.

This third round of quantitative easing may have more effect on the mortgage business because this time, the Fed is targeting mortgage-backed securities for its purchase program.

The New York attorney general has sued JPMorgan Chase, charging that the Bear Stearns brokerage it bought committed fraud in the sale of hundreds of billions of dollars in mortgage-backed securities.

Mike Perry, the former CEO of now-defunct alt-A giant IndyMac, has agreed to settle the last remaining negligence claim against him by the Securities and Exchange Commission by paying an $80,000 fine.

Radian will begin offering cash rewards to certain borrowers who recently modified their mortgage under the Home Affordable Modification Program.

Community banks might scale back their role in residential mortgages if changes are not made to Basel III.