Law and regulation

Members of the Senate Banking Committee quickly took sides in the brewing battle over the nomination of Janet Yellen to head the Federal Reserve Board, but it was already apparent that she was ultimately likely to win confirmation.

We must police ourselves. This tactic is long overdue.

With the clock ticking down to January implementation of several Consumer Financial Protection Bureau mortgage regulations, one expert attempted to bust eight myths about the rules.

The mortgage industry always seems to have an onslaught of new regulatory issues that mortgage lenders and servicers have to follow.

We're hearing that although we just got done with a round of Home Equity Conversion Mortgage reform, there is another one coming from a recent decision in a case involving non-borrowing spouses’ rights.

The GSE regulator should defer to Congress before taking any steps to reduce the Fannie Mae and Freddie loans limits.

The nation's four largest banks are holding $57 billion of seriously delinquent loans that they've been slow to move into foreclosure over concerns that the Federal Housing Administration will refuse to cover the losses and hit them with damages.

There are still 121 rules mandated by Dodd-Frank that have not even been proposed yet—nearly a third of the rules mandated by the law.

With all of the consumer privacy laws on the books, both at a federal and state level, one poster raises a very interesting question.

We're hearing the “new urbanism” may change the underwriting for home loans, especially if millennials maintain their preference for city living.

Regulators' plan to unite two separate mortgage standards mandated by the Dodd-Frank Act is deepening the focus on the Consumer Financial Protection Bureau's ever-expanding role in the mortgage sphere.

Email and other data held by Wall Street’s largest due diligence firm may determine how many cases the government brings against banks and other entities for actions leading to the financial crisis.

Sen. Bob Corker said he would resist attempts to weaken a 10% private capital requirement for the GSEs in his bill.

To keep you prepared for anything, here’s a refresher on cyclical rate contingencies updated for recent market changes.

Federal Reserve Board Gov. Jerome Powell said the agency is planning to launch a new supervision program for community banks next year.

The Federal Home Loan Banks are calling on NCUA to amend its proposed rules on interest rate swaps to allow the 12 regional banks to participate in the fledgling business.

If Congress fails to raise the debt ceiling and the United States government defaults on its obligations, credit markets could freeze, the value of the dollar could plummet and U.S. interest rates could skyrocket.

The Consumer Financial Protection Bureau in its final rule has further eased the definition of origination.

The Consumer Financial Protection Bureau has issued an interim final rule with request for comment regarding the issuance of temporary cease-and-desists orders.

Deloitte & Touche settled lawsuits by Taylor, Bean & Whitaker Mortgage Corp.’s bankruptcy trustee and Deutsche Bank over $7.6 billion in losses associated with the collapse of the mortgage lender.