Compliance & Regulation

In the wake of the savings and loan crisis of the 1980s, insurers and bankers feuded over directors and officers' liability policies. At issue: whether D&O policies covered claims brought by the Federal Deposit Insurance Corporation against a failed bank's officers.

The Supreme Court has decided to hear a fair housing case that could upend a legal theory that the Department of Justice, banking regulators and private attorneys use to show mortgage lenders have discriminated against minority borrowers.

The risk of employment and income-related mortgage fraud rose nearly 9% in the third quarter compared to a year ago, and is up almost 50% from 2009, according to a new report from Interthinx.

The freeze on confirming picks to the Federal Deposit Insurance Corp.'s board appears to be melting.

A group of House Democrats is pressuring Senate Minority Leader Mitch McConnell to allow a vote on the confirmation of a director for the Consumer Financial Protection Bureau.

Mortgage bankers soon will able to originate Federal Housing Administration loans of up to $729,750 in high cost areas thanks to Congress, which passed a "minibus" appropriations bill Thursday night.

Some lenders are already chomping at the bit on 'HARP 2.0' and plan to hit the ground running to refinance Fannie Mae/Freddie Mac-backed mortgages when the application process commences on December 1.

The appeals court ruling against MERS that caused the GSEs and the Department of Housing and Urban Development to reinitiate foreclosures on more than 1,600 Michigan properties was overturned by the state's highest court this week.

A surprising amount of resiliency exists in terms of housing demand but the supply imbalance will likely persist for another couple years, the chief investment officer of Goldman Sachs' private wealth management unit said Thursday.

In the first criminal case involving robo-signing of mortgage documents, Nevada's attorney filed charges Wednesday against two people accused of filing tens of thousands of false documents.