Compliance & Regulation

Home values have been rising the past few months, a good sign for the Federal Housing Administration’s single-family insurance fund, which has been dangling on the edge of insolvency.

A government program that lets small-business owners refinance their commercial mortgages is set to expire next week.

Mortgage bankers in five states are facing higher guarantee fee costs on Fannie Mae/Freddie Mac loans under a new proposal from the Federal Housing Finance Agency.

An appraisal requirement proposed by the Consumer Financial Protection Bureau could be tough to implement without the right cost-effective automation.

A law firm that won an $8.5 billion settlement from Bank of America Corp. tied to faulty mortgage bonds said Wells Fargo and Morgan Stanley failed to service $73 billion of similar securities, creating a default.

A federal judge has thwarted efforts by African-American consumers to proceed with a class-action lawsuit against Option One Mortgage.

Two former Sterling Financial mortgage loan officers sued the lender on claims that they are owed unpaid overtime.

Two former loan officers at Sterling Financial have been sentenced to lengthy prison terms and ordered to pay $53 million in restitution for their role in a multiyear fraud scheme.

The overall efficiency of servicers working on delinquent subprime loans improved modestly during the second quarter, reinforcing a recent trend that is likely to continue.

The Federal Reserve’s decision to purchase $40 billion in agency mortgage-backed-securities a month could hasten the wind down of the government-sponsored agencies’ giant mortgage portfolios.