Compliance

A Fidelity National Financial Inc. subsidiary is in final talks to pay as much as $65 million to resolve U.S. government accusations that it contributed to improper and fraudulent foreclosures after the 2008 credit crisis, according to a person familiar with the deal.

It's unclear how the new political environment will affect the platform's viability or how investors will view the securities issued on it. The next year could determine the project's success and role reshaping the secondary mortgage market.

The Consumer Financial Protection Bureau faces a precarious and uncertain future in 2017 with all eyes focused on two questions: whether President-elect Donald Trump will attempt to fire agency director Richard Cordray and if Congress can successfully restructure the agency by changing its leadership and funding.

State mortgage regulators and attorneys general are likely to step up enforcement of lending rules if the Consumer Financial Protection Bureau takes a less activist stance in the Trump administration.

Deutsche Bank will have to clear a lower capital hurdle next year, joining other European lenders who are benefiting from a change in how the European Central Bank sets the requirements.

It is not a clear-cut statement to say Fannie Mae and Freddie Mac need more capital, and it detracts from the real debate over long-term housing finance reform.

Congress wants to put the federal flood program on sounder financial footing, encourage the development of a private flood insurance market and stop the insanity of rebuilding properties subject to repetitive flooding.

he Department of Justice is criticizing an appeals court ruling striking down the Consumer Financial Protection Bureau's single-director structure, saying the decision overstepped Supreme Court precedent.

Treasury sweep agreement set to deplete Fannie and Freddie's capital reserves by the end of 2017.

Deutsche Bank and Credit Suisse Group agreed to pay a combined $12.5 billion to resolve U.S. investigations into sales of the toxic debt that fueled the financial crisis, putting behind them a major dispute that undermined confidence in the banks and raised questions about their turnarounds.

Regulators have warned about the dangers of high commercial real estate concentrations despite bankers' assertions that they are managing risk better compared to the financial crisis. Still, CRE concerns could influence M&A and loan diversification in 2017.

Barclays was sued by the U.S. Justice Department for allegedly deceiving investors who bought mortgage-backed securities, according to court papers filed in federal court in Brooklyn.

Opposition is lining up against the Consumer Financial Protection Bureau's arbitration plan. A Republican-controlled Congress is expected to overturn a final rule even as industry groups file lawsuits to stop it from going into effect. Some attorneys think the arbitration rule-making is already dead on arrival.

The case against Fannie Mae and Freddie Mac is stronger than the argument for their survival.

Treasury Secretary nominee Steven Mnuchin is facing growing pressure from Senate Democrats to account for his leadership of a bank accused of shoddy foreclosure practices.

Ginnie Mae, at the urging of the mortgage industry, has revised the wording of the acknowledgment agreements necessary to finance servicing rights. It hopes the move improves Ginnie MSRs' liquidity.

Flagstar Bancorp in Troy, Mich., said that the Office of the Comptroller of the Currency has terminated its 2012 consent order with its Flagstar Bank on Monday.

The National Association of Realtors is warning House Republicans leaders that their tax reform plan would marginalize two long-standing tax incentives for owning a home, which could hurt the housing market.

A district court in Texas has filed an injunction against last year's Department of Labor ruling on loan officer compensation but lenders should hold themselves to that standard as basic compliance regardless of the outcome.

Credit Suisse Group may reach an agreement as soon as this week to settle a U.S. investigation into its handling of mortgage-linked securities before the 2008 financial crisis, Reuters reported.