Compliance

We're hearing the fight over the qualified mortgage rule will now move to Congress.

PulteGroup plans to relocate its corporate offices in suburban Detroit to Atlanta in 2014.

Lloyds TSB proceeded with its sales of a portion of its $8.8 billion in legacy nonagency residential mortgage-backed securities paper, and has sold the paper to four different groups.

The Financial Stability Oversight Council is close to identifying several nonbank financial companies as systemically risky after spending years ironing out how it would undertake the first-time effort.

Bankers advising the Federal Reserve this month said they expect the central bank’s record accommodation to last as long as three years, while warning that an interest-rate increase could slow the housing recovery.

While there is no shortage of technology available today, partnering with the wrong solution provider could spell disaster for an institution, and potentially jeopardize future business processes.

The Consumer Financial Protection Bureau decided not to count compensation a lender pays its loan officer employees toward the 3% points and fees cap in the QM rule.

Bank of America Corp. must face a lawsuit filed by a mortgage-bond trustee that seeks the repurchase of home loans backing $1.75 billion of securities, a judge ruled.

Carlyle Group LP won a Delaware Supreme Court ruling that Delaware, not Kuwait, is the proper place to try an investment-contract case with National Industries Group Holding.

Since Wells Fargo Home Mortgage introduced the Home Rebate CardSM program in 2007 homeowners have used their rewards to automatically pay down $50 million in mortgage principal balances.

Allstate, the largest publicly traded U.S. home and auto insurer, sued Citigroup in State Supreme Court in Manhattan in 2011, along with banks including Deutsche Bank AG, Bank of America Corp. and Morgan Stanley.

National Center for Policy Analysis senior fellow Pamela Villarreal, who authored the study, calls reverse mortgages complicated and expensive.

Prior to 2012 the scale of institutional involvement in acquiring single-family homes for the purpose of “rent and hold” was small to almost nonexistent. Things have certainly changed.

JPMorgan Chase named former U.S. Treasury Department official Darius Kingsley as co-general counsel of mortgage banking.

Court delays and subsequent foreclosure proceeding backlogs, often referred to as the “shadow docket,” have become a major burden on both homeowners and the judicial system.

With this acquisition, Wingspan expands the size of its company to approximately 2,000 employees.

The Federal Financial Institutions Examination Council's proposed compliance rules for banks' use of social media are sweeping and broad.

With house prices climbing at the fastest pace in seven years and investors swamping the rental market, one hedge fund manager says it no longer makes sense to be a buyer.

Citigroup has agreed to settle a lawsuit by the federal government that charged the bank with misleading investors in the run-up to the mortgage meltdown.

Kroll Bond Rating Agency has released a presale report on a $1.4 billion commercial mortgage-backed securities deal in which some large split loans are or will be shared with other securitizations.