Compliance & Regulation

Fannie Mae Chief Economist Doug Duncan explains the impact of the eurozone crisis on the mortgage industry.

A former sales executive at Washington Mutual Inc.’s subprime lending unit, Long Beach Mortgage, was convicted of fraud by a federal court jury.

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.