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A federal appeals court has denied Republic Bancorp's bid to recover $14 million it lost on securities investments because it believes the company should have been aware of the risks it was taking.

Dodd-Frank and regulations like the Volcker Rule are so complex that even regulators can't figure them out, according to Tim Ryan, president and CEO of the Securities Industry and Financial Markets Association.

A judge in New York approved a $40 million settlement in an MBS class-action lawsuit against individuals formerly affiliated with now-bankrupt Lehman Brothers Holding.

Freddie Mac purchased $30.7 billion in residential mortgages from lenders in May, up 19% from April.

The Federal Home Loan Bank of Boston is teaming up bank employees with student volunteers from Bike & Build, a nonprofit organization whose mission is to construct affordable housing across the nation through cross-country bicycle trips that benefit affordable housing developers.

Ratings agency presale reports came out last week on the latest deal from Sequoia/Redwood, the only consistent issuer/aggregator of nonagency/jumbo securitizations.

Customers Bancorp in Wyomissing, Pa., is giving up nearly 20% of its ownership to venture into the greater Washington, D.C., market.

A Texas community bank is leading a lawsuit against the Consumer Financial Protection Bureau.

Lenders of all different sizes continue to receive buyback requests from Fannie Mae and Freddie Mac—sometimes on loans that are upwards of five years old.

Mortgage cases are shifting to become more fact-intensive, rather than legal-intensive, meaning investors’ attorneys need witnesses to explain the circumstances in a case.