Law and regulation

Wolters Kluwer Financial Services will launch a suite of training tools to help lenders comply with the Consumer Financial Protection Bureau's new integrated mortgage disclosures.

Insurers would have two years to meet the tougher liquidity standards.

Reps. John Delaney, D-Md., John Carney, D-Del., and Jim Himes, D-Conn., introduced a new housing bill Thursday designed to provide an explicit government backstop for the market but still increase private sector participation.

Bank of America Corp., Citigroup Inc. and Wells Fargo & Co. won dismissal of lawsuits brought by the city of Miami claiming they flooded minority neighborhoods with predatory mortgages before the housing bubble burst.

Julian Castro, who was confirmed as the new secretary for housing and urban development, is bound to face continued industry lobbying to lower premiums paid to the Federal Housing Administration.

New York banks have been worried that Mayor Bill de Blasio's plans for affordable housing would hurt multifamily lending. But two recent city political decisions have been favorable for banks, and some CEOs say they're hopeful now.

Citigroup may reach an agreement with federal prosecutors as early as next week to resolve a probe into sales of mortgage-backed bonds before the 2008 financial crisis.

Secondary market agency is asking Congress for additional funding to increase monitoring of nonbank servicers.

The Consumer Financial Protection Bureau is allowing lenders to skip the ability-to-repay rule when transferring a loan to the kin of a deceased borrower or for other life events.

A nonprofit housing group has found an ambitious middle ground between those who oppose any change to the mortgage interest deduction untouched and those who say it must go.

When reporting defaults on government-insured single-family mortgages, the FHA identifies the primary borrower to a government database, but rarely provides the names of the co-borrowers, HUD's inspector general found.

A Supreme Court ruling overturning circuit court rulings in D.R. Horton Inc. v. the National Labor Relations Board is in question. This affects the enforceability of class waiver arbitration agreements.

New federal requirements for private mortgage insurers aim to standardize coverage across the market. That’s left some companies looking for ways to distinguish their products as they vie for lenders' business.

As interest rates rise and loans become more likely to stay on the books, more banks may show up on the buy side of the market for mortgage servicing rights.

Ginnie Mae is paying particular attention to nonbank servicers due to the same concerns an inspector general has raised about servicing transfers involving Fannie Mae and Freddie Mac loans.

Though probably not endangered this year, low-income housing tax credits have been suggested for elimination often enough to alarm those who work with this important financing source for multifamily construction.

Greenlight Financial will pay $48,000 to settle claims it denied or delayed mortgage loans to applicants on maternity leave.

Long term care project owners are very aware of the advantages of HUD-insured financing. However, HUD's program policies continue to challenge some providers who own and/or operate multiple facilities.

Merscorp must face a trial to determine how much it owes Pennsylvania counties for shortchanging them on mortgage recording fees, a judge ruled.

Federal and state regulators are putting more pressure on banks to take immediate actions to address looming defaults of home equity lines of credit.