Enforcement

The Consumer Financial Protection Bureau filed a lawsuit against a Van Nuys, Calif., credit repair company for deceptively marketing its services and charging consumers illegal fees.

Republican lawmakers are pushing back against claims by the Consumer Financial Protection Bureau's allies that it rooted out fraud at Wells Fargo, arguing the L.A. City Attorney and the Los Angeles Times brought the situation to light.

Federal Reserve Chair Janet Yellen pushed back against the notion that banks might be "too big to manage," saying that despite concerns raised by the recent scandal at Wells Fargo, there is no inherent reason why large banks cannot meet existing standards of conduct.

Goldman Sachs has passed its first compliance test as part of its mortgage-related settlement agreements, the independent monitor reported.

Deutsche Bank said the U.S. Justice Department is seeking $14 billion to settle a probe tied to residential mortgage-backed securities, more money than it's willing to pay.

The Consumer Financial Protection Bureau can determine nearly anything to be an unfair, deceptive or abusive act or practice, and it's more likely to do so when lenders try to take advantage of regulatory loopholes.

Regions Financial Corp. has agreed to pay $52.4 million to settle allegations that it violated the False Claims Act by originating and underwriting mortgages that did not meet Federal Housing Administration requirements.

Regardless of who wins in November, the mortgage industry will see significant changes, but Hillary Clinton and Donald Trump would take very different approaches to housing and regulatory issues, said Mortgage Bankers Association President and CEO David Stevens.

Ocwen Financial Corp. failed two compliance tests related to force-placed insurance during the fourth quarter of 2015, according to the monitor of the National Mortgage Settlement.

A California man was sentenced to 52 months in federal prison over his role in an alleged mortgage loan modification scheme.

A UBS Group AG unit suffered a setback in a $2 billion lawsuit over allegedly defective mortgages after a judge said it violated contracts with three mortgage-backed securities trusts.

Depositories still dominate home lending, but nondepositories' market share is the highest it has been in at least two decades. Here's why.

The $29 billion-asset company said in a regulatory filing Thursday that the "needs to improve" rating will likely restrict its ability to make acquisitions and open branches.

The Federal Trade Commission has obtained a court order barring the owners of several Florida companies that operated under the guise of being law firms from offering mortgage loan modification and debt relief services.

Bank of America is approaching the consumer-relief target set in its mortgage settlement with the Department of Justice and six states, according to the settlement's monitor.

Daniel Mudd ended a five-year fight with the U.S. government Monday after the former head of Fannie Mae agreed to pay $100,000 to settle allegations that he misled investors about the mortgage backer’s exposure to subprime loans during the run-up to the financial crisis.

The Federal Housing Administration should look to private mortgage insurance companies as a model for how to standardize the claim review process.

A former Deutsche Bank trader agreed to settle a U.S. regulator's allegations that he mis-marked loans tied to commercial-mortgage-backed securities to boost his profits.

The Consumer Financial Protection Bureau's choice for its new head of supervision and enforcement — the No. 3 slot at the agency — is raising eyebrows because of his political background and relative inexperience compared with similar positions at other regulators.

Enforcement actions by the Consumer Financial Protection Bureau against companies are well-known, but compliance starts with individuals.