Compliance & Regulation

A group of former policymakers is arguing that the government is not making good use of the regulatory reforms enacted in the Dodd-Frank Act nearly two years ago.

Distressed property rental programs and new private-label mortgage originations pose new opportunities for investors.

Mortgage bankers and brokers (banks and nonbanks alike) could call a national strike on making any new loans for, say, 60 days and see what type of damage that does to the U.S. economy.

BB&T chief executive Kelly King urged his fellow bankers to vote against politicians who favor more regulation of the private sector and replace them with leaders who have more faith in the free markets.

The Consumer Financial Protection Bureau has fielded more than 19,000 consumer complaints about mortgage lenders and servicers with roughly 600 participants receiving some type of monetary relief.

It’s somewhat arrogant for a writer to state a numerical list is all that is required to accomplish whatever. If selling is not exhaustively mentioned I would suggest you discount the information because of its lack of thoroughness.

Lenders can try as hard as they want to prevent mortgage fraud, but it always seems that the fraudsters will be one step ahead of them when devising a scheme.

The Federal Housing Administration has rescinded its controversial underwriting requirements for borrowers with ongoing credit disputes slated to go into effect July 1.

The Securities and Exchange Commission has appointed Thomas Butler as director of the agency's new office of credit ratings.

A week after it was disclosed that Wells Fargo & Co. would only engage in new FHA Streamline refinancings from its own servicing portfolio, it appears that other large lenders might follow suit.