Compliance & Regulation

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.

A federal indictment said 11 defendants participated in a fraudulent loan modification business that took advantage of homeowners who were having difficulty paying their monthly mortgage payments.

Strategic defaulters, beware. The feds are coming for you—not the FBI, but the Office of the Inspector General at the Federal Housing Finance Agency.

A new bill would require independent federal agencies to conduct more rigorous analyses of the regulations they propose, including proposals that affect mortgages.

Mortgage seller/servicers may need to cough up an additional $3.4 billion of damages to Freddie Mac for buybacks.

An iPhone app released by Radian Guaranty allows users to check eligibility and calculate rates for the Philadelphia-based mortgage insurer’s products.

The Securities and Exchange Commission is vowing to press on with its civil fraud case against IndyMac's former chief executive after a judge upheld his own decision to whittle the government's claims.

The House passed a bill that requires the Federal Housing Administration to submit a plan to Congress on how it intends to avoid a government bailout of its financially strapped mortgage insurance fund.

Distressed asset liquidation timelines will continue to coerce the decision making process for both lender-servicers and homeowners.