Law and regulation

Starting next year lenders and other mortgage firms operating in California will have to include new do-not-track disclosures in their online privacy policies.

Bankruptcy trustees are warning the Consumer Financial Protection Bureau that the periodic statements servicers are required to send homeowners can conflict with the Bankruptcy Code.

The volume of appraisals being completed within the last year has slowed down due to new regulation that has been imposed for the industry.

The Office of the Comptroller of the Currency has updated its accounting guidelines to reflect the new regulatory-capital requirements outlined in Basel III set to take effect next year.

Fannie Mae and Freddie Mac should “at least marginally reduce loan limits” to reduce the government’s dominance of the mortgage market.

It was not that the Home Mortgage Disclosure Act inaccuracies were intentional. Rather, it was that insufficient compliance and monitoring caused them.

JPMorgan Chase reported a third-quarter drop in mortgage originations and mortgage banking income as the giant bank trimmed its origination capacity.

Contracts need to be updated before Jan. 1 in order to legally pay this compensation.

SunTrust Banks will offer $500 million in consumer assistance and make a cash payment of $468 million as a result of an agreement with the Department of Justice and the Department of Housing and Urban Development over claims tied to faulty mortgages.

The Consumer Financial Protection Bureau has agreed to pull its enforcement attorneys out of exams with financial companies after relentless opposition from bankers to their presence.

A bipartisan group of 66 members of the House of Representatives are letting the Federal Housing Finance Agency know they don’t want to see the loan limits on Fannie Mae and Freddie Mac reduced.

Almost everyone has an opinion about how to reform Fannie and Freddie, but some housing experts say the status quo isn't so bad.

Most Federal Reserve policy makers said the central bank was likely to taper its bond purchases this year, even as they unexpectedly refrained from such a move in September.

The Consumer Financial Protection Bureau has fined Mortgage Master and Washington Federal for filing inaccurate Home Mortgage Disclosure Act reports.

As the guarantee fees for loans sold to the agencies go up, investor can get relatively more attractive yields from a whole loan execution.

A call for review of the pending qualified residential mortgage rule could be among Fed chair nominee Janet Yellen’s future actions given her concern with risks tied to mortgages with higher loan-to-value ratios.

Mortgage brokers need to contact their federal representatives regarding a replacement bill for what was originally known as the Consumer Mortgage Choice Act.

Lenders are increasingly anxious about how to deal with the Department of Housing and Urban Development's recent proposal concerning the definition of "qualified mortgages," noting the agency's plan differs in key respects from the CFPB's QM rule.

Regulators should boost oversight of the largest real estate investment trusts that use borrowed money to invest in mortgage-backed securities because rising interest rates may push the firms into asset sales that destabilize markets.

Both companies will offer their respective solutions via the software-as-a-service model.