Compliance

The Consumer Financial Protection Bureau has taken an enforcement action against a Dallas builder who allegedly referred customers to local mortgage lenders and received illegal kickbacks.

Republican senators are becoming suspicious of the huge amount of consumer data the Consumer Financial Protection Bureau is buying and collecting.

A court found a recess appointment to the National Labor Relations Board was unconstitutional. This could affect the Consumer Financial Protection Bureau.

We're hearing that it is going to take a concerted industry effort to get a legislative fix for the QM rule on loan officer compensation.

Wells Fargo and Citigroup have halted the vast majority of their foreclosure sales in multiple states following the release of new guidance by the Office of the Comptroller of the Currency.

The commission ordered Thomas Richter and Girard Finance Co. to cease discriminatory lending practices and pay a total of $668,951 to seven borrowers for damages plus humiliation and suffering.

New compliance requirements don’t typically inspire the most innovative technology enhancements in the mortgage industry. But the upcoming overhaul of borrower disclosure forms has created an opportunity to re-engineer the way lenders and title companies execute mortgage closings, according to Document Systems Inc. CEO Dominic Iannitti.

In the past two years, 85% of Hispanics were engaged in online banking, compared to 74% of all U.S. households.

LendingQB has put the guidelines from four of the six private mortgage insurers onto its loan origination system’s automated underwriting engine.

A large bid list of nonagency residential mortgage-backed securities in the market this week may have been the first move in a regulatory plan for Fannie Mae and Freddie Mac to divest some of its portfolio assets.

The Department of Housing and Urban Development is coming under pressure from House Republicans to issue a policy that would ban the Federal Housing Administration from refinancing any loans that have been seized by a county via eminent domain.

Democrats and Republicans have been at a stand-off over Richard Cordray's nomination two years ago as the GOP fights for structural changes at the agency that Democrats staunchly oppose.

News about the flood-tested endurance of a structure in the Chicago area is music to the ears of everyone who has witnessed any of the super storms that keep hitting our shores.

Most stocks in this publication’s Mortgage Industry Equity Composite lost some value during the day, with five exceptions.

Deutsche Bank AG and Nomura Holdings Inc. are urging caution as investors gorge on junk-rated commercial-mortgage bonds.

When it comes to counseling consumers on their financial health, home buying or home retention, an effective client management system can help with that process that takes place following an initial counseling session.

Remember that the three most important words in a real estate deal are location, location, location.

A commercial real estate market recovery combined with fresh demand for apartments and office properties continue to push commercial property price indices up and commercial mortgage-backed securities default rates down.

Low yields and the short-term impact of a strategy shift involving its departure from an origination channel weighed on Pacific Mercantile Bancorp in the first quarter.

Small and midsize financial institutions and nonbanks look to steady their income stream by retaining servicing in lieu of servicing release premiums.