Law and regulation

Although the Consumer Financial Protection Bureau is loosening certain mortgage rules, others such as restrictions on loan officer compensation and state-level regulation will likely persist, according to industry attorneys.

Many Florida communities are experiencing a renewed clamor for affordable housing options as rising home prices and rents squeeze budgets.

Requiring solar panels for all newly constructed residences is good news for investors who finance these systems, if only because it will help keep developers afloat, according to Moody’s Investors Service.

Nationstar Mortgage may face a Consumer Financial Protection Bureau enforcement action over alleged violations of the Real Estate Settlement Act and other regulations, the Mr. Cooper parent company said.

Despite having a qualified candidate ready to serve, Senate leadership on both sides of the aisle have ignored their responsibility to vote on Brian Montgomery's nomination as Federal Housing Administration commissioner.

Mortgage companies should model cybersecurity protocols after their compliance strategies to avoid being underprepared in the event of a data breach.

A sweeping bill that would have given the state unprecedented power over local development failed in its first committee hearing, crushing the hopes of those who saw it as the key to making housing in the state more affordable.

As the state's costliest housing markets and high rents threaten to force all but the highest-paid workers into ever-longer commutes, California lawmakers have introduced a bill to help more teachers, firefighters and other middle-income workers live close to their jobs.

The agency’s acting director uses a reply letter to the senator not to answer her questions but to underscore that Congress lacks the ability to compel answers to such questions.

The investigation targeted 36 residential mortgage-backed securities deals involving $31 billion worth of loans, more than half of which defaulted, according to the Justice Department.