Compliance

Fannie and Freddie have operated under government control since their operations were seized in 2008.

Federal Reserve Bank of St. Louis President James Bullard said the current low pace of inflation wouldn’t ordinarily prompt the central bank to curtail stimulus.

The changes bring two pages of overlays down to just three items.

We're hearing about payday lenders running into trouble with the FTC and New York State for alleged violations of federal and state laws.

Barely removed from years of cleaning up credit quality, lenders are conceding terms to borrowers on everything from the length of amortization to waiving cancellation fees.

The Department of Housing and Urban Development is refusing to take a position on eminent domain until a city or municipality actually condemns and seizes a mortgage.

A new version of a rule requiring lenders to keep a stake in risky mortgages that they securitize will be proposed by U.S. regulators in the last week of August.

Quality Mortgage Services is offering a tool mortgage banks can use to comply with a new Fannie Mae requirement.

FirstREX has hired Don Shewmaker as the new director of operations and Jim McGuire as sales director.

The Appraisal Institute said just 9% of residential appraisers will add full-time trainees in the next one to two years.

Many coastal real estate markets are facing a wave of rising flood insurance costs that some fear could collapse property value and drive a new wave of foreclosures.

House Financial Services Committee chairman Jeb Hensarling is preparing to bring his housing finance reform bill to the House floor for a vote this fall.

Syncora Guarantee’s lawsuit accusing JPMorgan Chase unit Bear Stearns of making false and misleading statements connected with a mortgage-backed securities transaction was dismissed on appeal.

Findings from a recent online poll reveal that close to one-in-five consumers believe carrying debt from month-to-month is a responsible way to manage their finances, but a mortgage is not what they have in mind.

The properties acquired due to this scam went into foreclosure and resulted in significant losses to the lenders.

Fannie Mae has made significant progress in reviewing its legacy loans for possible repurchase requests and it expects to complete that review by the end of this year.

Prior to the expansion, only 156 U.S. counties were able to utilize this solution.

Ocwen and Nationstar, the nation’s top independent owners of mortgage servicing rights who share the same aggressive MSR purchase growth strategy, approach nonagency risk differently.

Senate Majority Leader Harry Reid's surprise criticism of President Obama’s plan to unwind Fannie Mae and Freddie Mac has upset the conventional wisdom surrounding housing finance reform.

Everyone is saying we need to get rid of the GSEs because they represent too much risk for the taxpayers.