Compliance

Freddie Mac's securities have traded at a disadvantage to Fannie's for years. A $650 million subsidy ensures lenders will receive nearly the same price as Fannie pays for loans.

The recent drop in interest rates has opened the door for lenders to refinance borrowers with high-cost Federal Housing Administration loans into conventional Fannie Mae and Freddie Mac loans.

While Fannie Mae and Freddie Mac wait for Congress to decide when and how to act on housing industry legislation, the government-sponsored enterprises are working with their regulator on "nonlegislative GSE reform" that will better prepare them to implement new laws.

The risk retention rule unveiled Tuesday was hailed by the industry for its definition of a "qualified residential mortgage," but analysts say a comeback for private-label securitization still faces huge obstacles.

Recently released HMDA data strongly suggest that the reason minority homeownership rates are falling since the beginning of the recession isn't because minorities are opting out of the mortgage process, but because they're being excluded.

New York banking regulator Benjamin Lawsky is sending a new warning shot over the bow of Ocwen Financial, which has been scrutinized by regulators for more than a year.

Lenders increasingly find themselves responsible for protecting clients’ money and non-public personal information as those funds and data pass through several vendors that are part of the mortgage process.

U.S. regulators finalized a securities risk retention rule on Tuesday designed to set the stage for the future of the secondary mortgage market.

The GSE regulator's second attempt to stimulate the mortgage market is receiving a lukewarm reception from lenders, who remain gun-shy after being forced by Fannie and Freddie to repurchase billions of dollars in soured loans since 2008.

Government officials increasingly encourage looser credit benefiting low- to moderate-income borrowers, but some lenders who make these loans said it's easier said than done. Here's why.

Housing and Urban Development Secretary Julian Castro challenged lenders to make more mortgages, saying the credit pendulum has swung too far on the side of caution.

Exclusivity provisions in marketing services agreements are not per se illegal, but their inherent anti-competitive nature and inherent suggestiveness of consumer steering could be a regulatory concern.

Ginnie Mae on Monday released updated net worth and liquidity requirements for issuers of mortgage-backed securities.

The Federal Housing Finance Agency is close to issuing refinements to the government-sponsored enterprises' representation-and-warranty framework that will limit lender liability on buybacks of legacy loans.

WASHINGTON — Two key Democrats are asking the Government Accountability Office to investigate the financial stability of nonbank mortgage servicers and potential harms to borrowers.

Life insurance companies' returns from commercial mortgages in this year's second quarter fell slightly to 2.23%, according to the LifeComps Commercial Mortgage Loan Index.

If they take control of the Senate next year, GOP leaders may want to show they can get legislative results ahead of the 2016 Presidential election.

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Freddie Mac has extended First American Mortgage Solution's approved distributor license to resell Freddie's valuation tools.

Home retention strategies outpaced foreclosure sales in August by a five-to-one ratio, according to the Hope Now alliance.