Compliance & Regulation

The strong recovery in commercial real estate prices that commenced in early 2010 continues, albeit it “has lost steam over the last three quarters.”

Loan officer compensation rules do not distinguish between reverse mortgages and traditional mortgages, per se. Rather, they make other distinctions.

Luther Burbank Savings has agreed to invest $2 million in low-income communities to settle a Justice Department lawsuit alleging it discriminated against minorities.

New computer software designed to help people pay off their mortgage, get out of debt and automate debt consolidation is coming to the U.S. from New Zealand.

The Consumer Financial Protection Bureau is intensely focused on fair lending as well as fair servicing.

The Consumer Financial Protection Bureau opposes a proposed 20% downpayment requirement for low-risk mortgages.

A crowd of more than 200 marched on the New York City offices of Freddie Mac and Fannie Mae on Sept. 12, protesting the eviction of distressed homeowners and demanding Edward DeMarco, the acting director of the Federal Housing Finance Agency, implement a principal reduction policy for Fannie Mae and Freddie Mac.

Data show the vast majority of pre-retirees and older workers are overburdened by mortgage debt and other modern era expenses.

The Federal House Finance Agency is committed to building a common securitization platform that Fannie Mae and Freddie Mac both will use to issue their own MBS, but there will be no blending of their products.

Protesters gathered in Bryant Park in Midtown Manhattan yesterday, many wielding mops, buckets and brooms to “clean house” at the government-sponsored enterprises.