Compliance & Regulation

Loan originator compensation is a category that stands out as an instructive example of unintended consequences stemming from legislation.

As mortgage industry companies are putting a greater emphasis on technology and the Internet today to create a more successful business, executives across the country need to be aware of tactics that cybercriminals are using to hack into computer systems in order to access financial accounts and other high-level proprietary information.

A final rule sets deadlines for both the recommended decision of the hearing officer and the final decision of the director in adjudicative proceedings before the CFPB.

Lenders should be careful not to read the headlines and believe that the outside sales exemption is the long awaited solution to the problems caused by overtime regulations.

The massive expansion in postcrisis regulation has drawn loud protests from many bankers, but it is difficult to discern from their financial statements any explosion in compliance costs.

Major servicers are in various stages of setting up their systems and training personnel to provide struggling homeowners with a single point of contact that they can rely on as they go through the loan modification process.

Regulators issued new guidance Thursday designed to provide relief for military homeowners who must move quickly to comply with orders.

The New York State Assembly passed a bill that protects homeowners from fraudulent business practices like robo-signing from taking place during the foreclosure process.

Fitch Ratings has issued the first of a series of reports that address recent investor allegations about “servicer specific deficiencies.”

Since the third quarter of 2008, student loan debt outstanding has risen by $293 million, or 47.9%.